S 2922 New Jersey Senate · 2024-2025 Regular Session

Requires development of universal financial disclosure form for persons required to file financial disclosure statements with multiple public bodies; authorizes Joint Legislative Committee on Ethical Standards to accept form; codifies financial disclosure requirement for municipal prosecutors.*

This bill (S 2922) creates a single universal financial disclosure form for New Jersey officials who must file reports with multiple government entities, such as municipal officials also serving on school boards. The State Ethics Commission, working with the School Ethics Commission and Local Finance Board, must develop this form within 90 days to meet all disclosure requirements from state, school, and local laws. The form will replace separate filings, require no additional reporting, and be available on all relevant government websites. It directly affects public officials holding multiple positions requiring financial disclosures, streamlining their annual reporting process.

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2024

Committee Review

Floor Vote

Governor

Introduced Mar 7, 2024 Last action Nov 13, 2025

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What changed between versions

Introduced Version → Reprint SBA 11/13/25 1R · 6 edits

MODERATE

The SBA committee substantially expanded this bill beyond its original purpose of creating a single universal financial disclosure form. The most significant addition is a new section requiring municipal prosecutors to file annual financial disclosure statements with the Division of Criminal Justice, a category of public officials previously not covered by any state-level disclosure requirement. The committee also added broad privacy protections across all sections, shielding personal identifying information (SSNs, home addresses, phone numbers, etc.) from public records requests while keeping the filer's name public. Additionally, the Office of the Attorney General and the Joint Legislative Committee on Ethical Standards were added as stakeholders in developing and accepting the universal form.

Scope change

The bill's scope expanded from covering only school officials and local government officers (who already had disclosure requirements) to also cover municipal prosecutors (a new disclosure requirement) and legislators (via authorization for the Joint Legislative Committee to accept the universal form). Privacy protections were added across all covered groups.

SCOPE

New Section 4 requires municipal prosecutors to annually file financial disclosure statements with the Division of Criminal Justice, including details about their law firm, governing body appointment, prior terms, other government employment, income sources, fees, gifts, business interests, and real property. This is a new category of public officials subject to state-level financial disclosure.

Section 1 now requires the State Ethics Commission to consult with the Office of the Attorney General and the Joint Legislative Committee on Ethical Standards in addition to the School Ethics Commission and Local Finance Board when developing the universal form. These two new entities must also provide a link to the form on their websites.

The act title now includes P.L.1999, c.349 (C.2B:25-1 et seq.), the municipal prosecutor statute, reflecting the new coverage of municipal prosecutors.

REQUIREMENT

New Section 5 authorizes the Joint Legislative Committee on Ethical Standards to accept the universal financial disclosure form for legislators' disclosures, with privacy protections for personal identifying information.

ENFORCEMENT

Privacy protections added to Sections 2, 3, and new Sections 4 and 5: personal identifying information (SSN, credit/debit card numbers, bank account info, month and day of birth, personal email, personal phone number, street address portion of home address, driver license number) shall not be disclosed as part of the public record. Only the filer's name remains publicly accessible.

TECHNICAL

New paragraph in Section 1 clarifies that the universal form is filed with each applicable government entity, addenda are filed only with the entity requiring them, and any information received by an entity that it does not require shall be disregarded and not treated as a public record.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Nov 13, 2025

Upper · Passed

Reported out of Senate Committee with Amendments, 2nd Reading

upper

Jun 17, 2024

Committee

Referred to Senate Budget and Appropriations Committee

upper

Jun 17, 2024

Upper · Passed

Reported out of Senate Committee, 2nd Reading

upper

Mar 7, 2024

Introduced

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee

upper

1 primary · 0 co-sponsors