"New Jersey Transit Accountability Act"; requires independent audit of NJT.
The New Jersey Transit Accountability Act (S 2957) requires the New Jersey Transit Corporation (NJT) to hire an independent auditor within 90 days to examine its financial management and budget reporting practices since 2018. The audit must assess pandemic impacts on service demand and finances, evaluate current funding adequacy, and recommend improvements to governance, staffing, and customer service. NJT must submit the auditor’s findings to the Governor and Legislature, then adopt recommended policies within six months - though it may opt out with a detailed justification. The report must cover how NJT manages money, pandemic effects, funding gaps, and specific operational fixes, without overriding existing audit obligations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2024
Last action Mar 14, 2024
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Mar 14, 2024
Introduced
Introduced in the Senate, Referred to Senate Transportation Committee
upper
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Latham Tiver
RRepublican
P
Tony Bucco
RRepublican
Co
Owen Henry
RRepublican
Co
Parker Space
RRepublican
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