Requires BPU to impose penalties during audits.
This bill requires New Jersey's Board of Public Utilities (BPU) to impose a $500 daily penalty on public utilities that fail to provide sufficient information for an audit after being notified of the deficiency. It directly affects electric, gas, and water utilities subject to BPU audits, ensuring they promptly cooperate during the audit process. The key provision mandates the BPU to assess this penalty starting the day after notification, addressing delays caused by incomplete information in past audits. This change aims to streamline audit completion without altering existing penalties for other compliance failures.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 6, 2025
Last action Mar 6, 2025
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Full legislative history
Actions timeline
Total actions
1
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0
Committee
0
Mar 6, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Telecommunications and Utilities Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Alex Sauickie
RRepublican
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