New Jersey A4628 mandates the Board of Public Utilities to impose penalties during audits.

New Jersey A4628 requires the Board of Public Utilities (BPU) to impose penalties on public utilities that fail to provide sufficient information for audit completion. The bill increases the daily penalty from $250 to $500 for non-compliance after notice. The BPU must assess these penalties in a summary proceeding before a court of competent jurisdiction. The intent is to ensure timely audits by compelling cooperation from public utilities.

New Jersey A4628 mandates the Board of Public Utilities to impose penalties during audits.

New Jersey A4628 requires the Board of Public Utilities (BPU) to impose penalties on public utilities that fail to provide sufficient information for audit completion. The bill increases the daily penalty from $250 to $500 for non-compliance after notice. The BPU must assess these penalties in a summary proceeding before a court of competent jurisdiction. The intent is to ensure timely audits by compelling cooperation from public utilities.