"New Jersey Transit Accountability Act"; requires independent audit of NJT.
The New Jersey Transit Accountability Act (A4096) requires New Jersey Transit (NJT) to hire an independent auditor within 90 days to examine its financial management and budget reporting practices since the 2018 Executive Order No. 5 assessment. The audit must cover pandemic impacts on service demand and finances, evaluate current funding adequacy, and recommend improvements to governance, hiring, and customer service. NJT must submit the audit findings to the Governor and Legislature, then adopt the recommended policies within six months (with an option to explain exceptions). This bill directly affects NJT's operational transparency and financial accountability, aiming to address historical funding mismanagement identified in prior assessments.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 18, 2024
Last action Mar 18, 2024
Floor votes
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Mar 18, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Transportation and Independent Authorities Committee
lower
3 primary · 3 co-sponsors
Sponsors
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