New Jersey S4761 mandates the Board of Public Utilities to impose penalties for non-compliance during audits.
New Jersey S4761 amends the law to require the Board of Public Utilities (BPU) to impose penalties on public utilities that fail to provide sufficient information during audits. Specifically, the BPU must assess a civil penalty of $500 for each day a utility fails to provide necessary information after being notified. This measure aims to ensure timely and complete audits of public utilities, addressing issues of non-cooperation that have led to incomplete audits in the past.
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