Requires public utility to reimburse the State or local unit, in certain circumstances, for costs incurred in securing potentially dangerous condition caused by property controlled by the public utility.

This bill requires public utilities (like gas or electric companies) to reimburse New Jersey state or local governments for costs incurred when securing dangerous conditions on utility-controlled property that threaten public safety. If a utility's property creates a hazard accessible to the public, the government must first notify the utility and deploy personnel to secure the site. The utility has one hour to respond; if they fail to secure the hazard within that time, they must pay for the government's costs. The bill also establishes a federal-style fee schedule for reimbursement claims and prohibits utilities from including these payments in future rate increase requests. The bill is pending before the Senate Community and Urban Affairs Committee.