Revises Energy Tax Receipts Property Tax Relief Aid program; requires all energy taxes to be paid directly to municipalities.

This bill changes how energy tax payments are handled in New Jersey. It requires energy companies (like gas, electric, and utility providers) to pay their taxes directly to local municipalities instead of the state, ensuring the full $740 million annual property tax relief aid is distributed directly to towns and cities. The State Treasurer will determine each municipality's share based on historical payments and direct energy taxpayers to make payments to specific local governments. This replaces the previous system where the state collected taxes and redistributed funds, aiming to streamline relief for municipalities.