Requires Division of Pensions and Benefits to provide report on available funds in local government part of SHBP prior to transferring funds from State part of SHBP; requires monthly reporting on certain assets in SHBP.
This bill requires the Division of Pensions and Benefits to provide a report on available funds in the local government portion of New Jersey's State Health Benefits Program (SHBP) before transferring money from the State portion to cover shortfalls. It mandates monthly reporting to the State Health Benefits Commission and State Treasurer detailing local fund balances, claims payable, and anticipated premiums. The report must be submitted prior to any temporary fund transfer, ensuring transparency before moving funds to cover 10 days of payments. This directly affects the Division of Pensions and Benefits (as the reporting entity) and the State Health Benefits Commission (as the recipient).
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly State and Local Government Committee
lower
1 primary · 1 co-sponsor
Sponsors
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