Bill
Bill > A2916
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill prohibits the Board of Public Utilities from approving the request of a public utility to recover administrative costs through the public utility rates charged to ratepayers after the bill's effective date. The bill defines "administrative costs" to mean any payment made by a public utility in furtherance of utility service that is not recovered by the public utility as a capital expense. "Administrative costs" includes, but is not limited to, the cost of personnel salaries, information technology, office supplies, and legal expenses.
AI Summary
This bill prohibits the Board of Public Utilities, a state agency that oversees utility companies, from allowing public utilities to charge their customers, known as ratepayers, for certain operational expenses. Specifically, after the bill becomes law, utilities will no longer be able to recover "administrative costs" through the rates they charge. Administrative costs are defined as any money a utility spends to provide its service that isn't considered a capital expense, which typically refers to long-term investments in infrastructure. Examples of these non-capital administrative costs include salaries for employees, expenses for information technology, office supplies, and legal fees.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/A2916 |
| BillText | https://pub.njleg.gov/Bills/2026/A3000/2916_I1.HTM |
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