Dedicates certain energy sales and use tax receipts to support utility assistance programs.

This bill would direct excess revenue from New Jersey's energy sales and use tax (above what was collected in fiscal year 2025) to the Universal Service Fund, which supports utility assistance programs. If tax collections from energy and utility services exceed FY 2025 levels, the state would be required to deposit the excess into this fund instead of the General Fund. The Universal Service Fund currently administers programs like the Payment Assistance for Gas and Electric Program. This change would provide additional funding specifically for utility assistance without altering existing tax rates or utility service rates.