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A3816

Establishes New Jersey Revenue Advisory Board; modifies executive State budget presentation; updates State revenue and expenditure reporting and disclosure requirements; and requires annual State financial stress testing.

Introduced·1/13/26
Introduced Text

Establishes New Jersey Revenue Advisory Board; modifies executive State budget presentation; updates State revenue and expenditure reporting and.

The bill establishes a New Jersey Revenue Advisory Board to provide consensus revenue forecasting advice for State budget purposes. The board will consist of six members: the State Treasurer, ex officio, the Legislative Budget and Finance Officer, ex officio, and four public members. The Governor’s Budget Message will include a five-year comparison of recommended budget amounts and statutorily required budget amounts for certain major appropriations programs.

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  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
State and Local Government Committee
Next
Committee decision

Sponsors

0
1
R
Democratic CaucusRepublican Caucus

History

Jan 13

Assembly

Introduced, Referred to Assembly State and Local Government Committee