S 2957 New Jersey Senate · 2024-2025 Regular Session

"New Jersey Transit Accountability Act"; requires independent audit of NJT.

The New Jersey Transit Accountability Act (S 2957) requires the New Jersey Transit Corporation (NJT) to hire an independent auditor within 90 days to examine its financial management and budget reporting practices since 2018. The audit must assess pandemic impacts on service demand and finances, evaluate current funding adequacy, and recommend improvements to governance, staffing, and customer service. NJT must submit the auditor’s findings to the Governor and Legislature, then adopt recommended policies within six months - though it may opt out with a detailed justification. The report must cover how NJT manages money, pandemic effects, funding gaps, and specific operational fixes, without overriding existing audit obligations.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 14, 2024 Last action Mar 14, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Mar 14, 2024
Introduced
Introduced in the Senate, Referred to Senate Transportation Committee
upper
2 primary · 2 co-sponsors

Sponsors