Establishes process for recovery of Superstorm Sandy aid overpayments and makes General Fund appropriation.
This bill creates a clear process for recovering overpaid Superstorm Sandy recovery funds from eligible homeowners. It requires the Department of Community Affairs to send detailed "Notice of Over-Disbursement" documents showing exactly which funds were overpaid, including a line-item breakdown. Homeowners then have 60 days to choose repayment options: pay in full immediately or set up a flexible 60-month payment plan with no minimum monthly payments. If they don't comply, unpaid debt transfers to the Division of Revenue. The bill directly affects Sandy-impacted homeowners who received duplicate federal aid under RREM or LMI programs.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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Full legislative history
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Total actions
1
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0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Oversight, Reform and Federal Relations Committee
lower
1 primary · 1 co-sponsor
Sponsors
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