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New Jersey bill requires Governor's budget message to include societal benefits charge revenue and expenditure report

Original title: Requires BPU to report societal benefits charge revenues and expenditures to Governor and Legislature.*

Last action · May 18, 2026: Received in the Senate, Referred to Senate Economic Growth CommitteeSponsors: Bailey, David, Jr. and 7 others

Companion · S 747same policy, Senate version
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

Legislation requires the Governor's annual budget message to include a detailed six-year financial report on revenues and expenditures from the utility , starting with the beginning July 1, 2026.

Why it matters

Increases public financial reporting transparency for energy and assistance fees collected from electric and natural gas utility customers.

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

electric public utilities

Electric public utilities must have their societal benefits charge revenues and component rates included in the annual state budget report.

Directly affected

gas public utilities

Gas public utilities must have their societal benefits charge revenues and component rates included in the annual state budget report.

Directly affected

New Jersey Board of Public Utilities

The board is required to assist and advise the Governor in preparing the societal benefits charge report.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What periods must the new societal benefits charge report cover?
The report must cover the five most recently completed s and the current fiscal year in columnar form.
Which state agency assists in preparing the report?
The New Jersey Board of Public Utilities assists and advises the Governor in the preparation of the report.
When does this reporting requirement take effect?
The act takes effect immediately and first applies to the commencing July 1, 2026.

What else do you want to know?

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Where This Stands

Currently passed chamber. The next step in the legislative lifecycle is Law.

Procedural history

4 actions
  1. May 18, 2026SenateCommittee
    Received in the Senate, Referred to Senate Economic Growth Committee
  2. May 18, 2026HouseFloor
    Passed by the Assembly (77-0-0)
  3. Feb 12, 2026House
    Reported out of Assembly Comm. with Amendments, 2nd Reading
  4. Jan 13, 2026HouseIntroduced
    Introduced, Referred to Assembly Telecommunications and Utilities Committee

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Connected Entities

Plug-in Electric Vehicle Incentive Fund, New Jersey Board of Public Utilities, Universal Services Fund
OrganizationPlug-in Electric Vehicle Incentive Fund“Fund receiving societal benefits charge allocations for electric vehicle incenti”Map →
OrganizationNew Jersey Board of Public Utilities“Assists and advises the Governor in preparing the societal benefits charge repor”Map →
OrganizationUniversal Services Fund“Fund receiving societal benefits charge allocations for energy assistance progra”Map →

Sources

Open source document

njleg.state.nj.us

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy10
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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