New Jersey S1768 mandates stress testing on the state's ability to provide services in various economic conditions.
New Jersey S1768 requires the Department of the Treasury to conduct and report on a stress test analysis every three years on the state's ability to maintain services and provide necessary assistance to residents in various economic conditions. The analysis includes long- and short-term projections of major funding sources, a comparison with historical trends, an analysis of expenditures, an accounting of state reserves, and options to respond to economic recessions.
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