Bill

Bill > A2936


NJ A2936

NJ A2936
Requires legislative approval of funding for certain BPU plans, programs, and projects.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill requires the Board of Public Utility (board), prior to undertaking a plan, program, or project with a cost exceeding $1 million that has not already been included in the board's approved annual budget for the fiscal year, to submit to the Legislature a written, detailed explanation of the proposed plan, program, or project, including, but not limited to: (1) an outline of the plan, program, or project; (2) the cost estimate of the plan, program, or project; (3) the objectives and expected outcomes of the plan, program, or project; and (4) a justification for additional funding outside the approved annual budget. The Legislature is required to adopt a concurrent resolution to approve or disapprove funding for the plan, program, or project. Under the bill, emergency plans, programs, or projects implemented in response to a federally-declared emergency are exempt from the legislative approval requirements under the bill. Instead, the board is to report emergency plans, programs, or projects to the Legislature within 30 days of implementation.

AI Summary

This bill requires the Board of Public Utilities (BPU), referred to as "the board," to obtain legislative approval before spending over $1 million on any plan, program, or project not already included in its annual budget. The BPU must submit a detailed explanation to the Legislature, including an outline, cost estimate, objectives, expected outcomes, and justification for the extra funding. The Legislature will then vote on the funding through a concurrent resolution. However, emergency plans or projects responding to a federally declared emergency are exempt from this approval process, though the BPU must still report them to the Legislature within 30 days of implementation.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)

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