Requires stress testing on State's ability to provide services in various economic conditions.
This bill requires New Jersey's Department of the Treasury to conduct and publicly report a triennial stress test analyzing the state's ability to maintain essential services during economic shifts. The analysis must include projections of tax and federal revenue, comparisons to historical trends, expected changes in spending, accounting of state reserves (like the Surplus Revenue Fund), and recession response options. The report must be posted online and included in the Governor's annual budget message. This applies directly to state budget planning and fiscal transparency, affecting how New Jersey prepares for economic downturns. The bill takes effect immediately upon enactment.
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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced in the Senate, Referred to Senate Economic Growth Committee
upper
2 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shirley Turner
DDemocratic
P
Troy Singleton
DDemocratic
Co
Nilsa Cruz-Perez
DDemocratic
Co
Parker Space
RRepublican
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