A 5399 New Jersey General Assembly · 2024-2025 Regular Session

Requires BPU to impose penalties during audits.

This bill requires New Jersey's Board of Public Utilities (BPU) to impose a $500 daily penalty on public utilities that fail to provide sufficient information for an audit after being notified of the deficiency. It directly affects electric, gas, and water utilities subject to BPU audits, ensuring they promptly cooperate during the audit process. The key provision mandates the BPU to assess this penalty starting the day after notification, addressing delays caused by incomplete information in past audits. This change aims to streamline audit completion without altering existing penalties for other compliance failures.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2025 Last action Mar 6, 2025
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Mar 6, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors

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Legislator
Party
State
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P
Photo of Alex Sauickie
Alex Sauickie
RRepublican
NJ
12