A 2505 New Jersey General Assembly · 2024-2025 Regular Session

Prohibits sewerage authorities, municipal authorities, and local units of government from charging interest on unpaid sewer fees and charges attributable to State or local entities, including housing authorities.

This bill prohibits sewerage authorities, municipal authorities, and local government units in New Jersey from charging interest on unpaid sewer fees and charges owed by the State, local governments, or their agencies (including housing authorities). It amends existing laws to clarify that interest cannot be charged on these specific unpaid amounts, while allowing interest to be charged on fees owed by private entities. The bill specifically targets sewerage service charges and aims to prevent financial penalties on government properties and entities. This change affects how government entities manage their sewer fees, reducing financial burdens on public entities that might otherwise face interest charges.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly State and Local Government Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of John Allen
John Allen
DDemocratic
NJ
32