This bill allows New Jersey municipalities with over 100,000 residents to impose a 3.5% tax on parking fees at public facilities to fund pedestrian access improvements for mass transit stations. It also modifies how parking penalty fines are distributed, directing a fixed amount or a percentage to municipal courts in rapidly growing cities to cover administrative costs. Additionally, the legislation permits cities with large commercial airports to levy a tax on vehicle rentals occurring within designated industrial zones. These changes apply only to specific municipalities meeting population and growth criteria and exclude private residential parking from the new parking tax.
This bill allows school districts in New Jersey to use leftover state funding for nonpublic school nursing services to pay for security services, and vice versa. Currently, districts must return any unused money from these specific programs to the state after the school year ends. The change permits districts to apply unspent funds from one program toward the costs of the other before a refund is required. This adjustment provides districts with more flexibility in managing state aid allocated for student safety and health care in private schools.
This bill imposes three new fees on private prison operators in New Jersey to fund social support programs. It charges an 8% fee on the value of public contracts (section 2), a $15 daily fee per inmate (section 3), and a 3% surtax on taxable income (section 4). All revenue flows into two dedicated funds: one for legal services supporting detained individuals and another for community programs like job training and housing (sections 2e and 3e). The bill directly affects private prison companies operating under state contracts, with fees applying during active contracts or inmate stays.
This bill requires Hudson County to return up to $28.1 million in unspent state funds from fiscal years 2023 through 2025, which were originally allocated for jail operations and correctional facility renovations. The county must transfer these unexpended balances to the State Treasurer by June 30, 2026, for deposit into the Property Tax Relief Fund. In exchange for returning the money, the bill authorizes the state to provide a supplemental appropriation of up to $28.1 million to Hudson County as general operating aid. The total amount of this new aid cannot exceed the sum of the unspent funds returned by the county and is subject to approval by the Director of the Division of Budget and Accounting.
This bill changes how the state calculates financial aid for preschool programs in school districts that are newly receiving this funding for the 2025-2026 and 2026-2027 school years. Currently, these districts must split the cost of preschool programs between state aid and local taxes, but the legislation exempts them from this requirement. Instead, the state will provide a larger share of funding based on the total number of enrolled students and program costs. This change allows affected districts to receive more state money without needing separate voter approval to raise local taxes to cover the remaining expenses. The bill is estimated to increase state spending by approximately $7.5 million in the 2027 fiscal year.
This New Jersey bill introduces a 9 percent surtax on income generated by prediction markets, affecting both the companies that run these platforms and the individuals who earn money from them. The law defines prediction markets as systems where people bet on the outcomes of future events, such as elections, sports games, or entertainment releases, and applies to operators starting July 1, 2025, while taxing individual earnings beginning January 1, 2026. Under the new rules, these taxes are calculated on net income for businesses and gross income for individuals, with very limited options for tax credits available to offset the liability.
This bill formally approves the Fiscal Year 2027 financial plan for the New Jersey Infrastructure Bank. The resolution authorizes the bank to proceed with funding loans and debt guarantees for eligible environmental projects, including clean water, drinking water, and stormwater management initiatives. By passing this measure, the Legislature ratifies the bank's budgetary strategy for the upcoming fiscal year as required by state law. The document does not alter the bank's operations but rather provides the necessary legislative consent for its planned financial activities.
This bill (A 794) allows distressed New Jersey municipalities (those with a revitalization index score of 50 or higher) to acquire vacant, abandoned, or tax-delinquent properties by either paying the owner the fair market value or using eminent domain. It replaces older, more cumbersome processes like tax foreclosure with simpler methods, while permitting municipalities to deduct unpaid taxes and liens from the payment amount. Properties are defined as "abandoned" if at least four specific conditions exist (e.g., overgrown vegetation, disconnected utilities, or boarded windows), but exclude properties under active renovation or seasonal use. The law directly affects distressed municipalities seeking to revitalize blighted properties and property owners of abandoned real estate.
New Jersey's Bill A 3496 requires state agencies to make a good faith effort to increase contracts (procured without advertisement) awarded to certified minority-owned and women-owned businesses by 30 percent within five years. This applies to agencies using delegated purchasing authority for contracts under specific dollar thresholds (e.g., $150,000-$250,000). The State Treasurer must develop guidelines for agencies and submit six-month progress reports to the Governor and Legislature, while agencies must report their actions to the Treasurer every 30 days. The bill directly affects state agencies managing procurement and certified minority/women-owned businesses seeking government contracts.
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.
