This bill requires New Jersey's Medicaid managed care organizations to automatically include lower-cost generic and biosimilar drugs on their formularies with better cost-sharing (like lower copays) when they are cheaper than the original brand drugs. It directly affects insurers managing Medicaid plans and their enrollees, ensuring patients pay less for equivalent treatments. Key provisions mandate that if a generic drug's price is lower than its reference brand at launch, insurers must list it with favorable cost-sharing and remove barriers like prior authorization. The bill does not force insurers to stop covering brand drugs but ensures cheaper alternatives are prioritized for cost savings. It applies only when cheaper options are available and respects medical appropriateness decisions by insurers.
This bill requires New Jersey's Governor to include a detailed annual report in the budget message about revenues and spending from the "societal benefits charge" on utility bills. The report must show, for each of the past five fiscal years and the current year, how much was collected from electricity and gas customers, and how those funds were spent - specifically for energy efficiency programs, low-income energy assistance, plug-in electric vehicle incentives, and other approved initiatives. It also mandates itemized breakdowns of funds allocated by each utility company. The goal is to increase transparency about how this charge, embedded in customer bills, finances state energy and assistance programs.
This bill requires health insurance providers and pharmacy benefit managers to share detailed claims data with local governments in New Jersey at no cost. Local units, including municipalities and school districts, can request this information to better understand their healthcare spending, and providers must supply the data electronically within 60 days of a written request. The law specifically mandates the disclosure of prescription drug details, rebate amounts, and spread pricing practices while maintaining patient privacy under federal HIPAA rules. To ensure compliance, the bill authorizes the Department of Banking and Insurance to investigate violations and impose fines of up to $5,000 for each day a provider fails to share the required information.
This bill eliminates the 3-year time limit for New Jersey tax authorities to reassess income tax when a taxpayer received an erroneous refund due to intentional fraud. It directly affects taxpayers who intentionally filed false returns to obtain extra money back from the state. The key change removes the previous 3-year deadline, allowing tax assessments at any time for cases where fraud caused the refund. This applies only to deliberate fraud, excluding accidental errors, negligence, or reliance on incorrect advice. The law retroactively covers cases from the five years before the bill's enactment.
This bill requires New Jersey's Department of Environmental Protection (DEP) to prioritize funding for two types of projects: (1) land acquisition for recreation and conservation, and (2) environmental infrastructure projects that include or enable flood mitigation. It directly affects local governments, nonprofits, and communities seeking DEP grants under the Green Acres program, which uses constitutionally dedicated funds. Key provisions mandate that DEP establish criteria prioritizing projects that protect floodplains, reduce flood risk, conserve natural resources, and support recreational access. The bill amends existing laws to ensure these factors are explicitly considered when ranking eligible projects for funding.
This bill creates tax incentives for historic diners and restaurants in New Jersey that meet specific criteria. To qualify, establishments must have operated continuously for at least 25 years (including pandemic closures), qualify as small businesses, comply with health/safety rules, and be family-owned. Approved businesses receive a sales tax exemption on prepared food and beverages for on-site consumption and corporation business/gross income tax credits. The program requires annual registration through a state registry established by the Division of Travel and Tourism, with applications reviewed and approved by the Director.
This bill allocates $3 million annually from cannabis tax revenue (Social Equity Excise Fee) to fund Freedom Schools in New Jersey. The funds are directed to the Department of State for direct support of these schools, subject to budget approval. It specifically affects Freedom Schools - public or community-based educational programs - by providing dedicated state funding through an existing tax revenue stream, without altering eligibility or program requirements. The measure takes immediate effect upon enactment.
This bill allows New Jersey taxpayers to voluntarily contribute a portion of their state income tax refund or make an additional payment when filing their tax return to support public humanities programming. The contributions would go into a new "New Jersey Council for the Humanities Fund" established within the Department of the Treasury. The state would deduct administrative costs from collected contributions before depositing the net amount into the fund. The Legislature would annually appropriate these funds to the New Jersey Council for the Humanities to provide grants for humanities programs across the state.
