KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to New Jersey

A4350 • 2026

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Speight, Shanique
Last action
2026-02-19
Official status
Introduced, Referred to Assembly Telecommunications and Utilities Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.

What This Bill Does

  • Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.
  • Topic: Telecommunications and Utilities Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-19 New Jersey Legislature

    Introduced, Referred to Assembly Telecommunications and Utilities Committee

Official Summary Text

Requires BPU to post on its website report from public utility on public utility's capital investments in response to petition from public utility to increase rates.
Topic:
Telecommunications and Utilities
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text 
A4350

ASSEMBLY, No. 4350

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED FEBRUARY 19, 2026

Sponsored by:

Assemblywoman� SHANIQUE SPEIGHT

District 29 (Essex and Hudson)

SYNOPSIS

���� Requires BPU to post on its website report from
public utility on public utility�s capital investments in response to petition
from public utility to increase rates.�

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act
concerning certain reports on capital investments of
public utilities and supplementing Title 48 of the Revised Statutes.

����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:

���� 1.��� As used in P.L. ,
c. (C. )
(pending before the Legislature as this bill):

���� �Board� means the Board of
Public Utilities or any successor agency.

���� �Confidential information�
means any proprietary commercial or financial information or trade secret, as
determined by the board, which is included in a report to the board on its
capital investments required pursuant to section 2 of P.L. ,
c. (C. )
(pending before the Legislature as this bill).

���� �Public utility� means a
public utility, as defined in R.S.48:2-13, that provides electric, gas, sewer,
or water service to customers within this State.

���� 2.��� When filing a petition
with the Board of Public Utilities for an increase in a public utility�s base
rates, pursuant to R.S.48:2-21 or R.S.48:2-21.1, the public utility shall
provide to the board a report that includes an analysis of the public utility's
capital investments, in a form and manner determined by the board, for the
purpose of determining the level of revenues necessary to afford the public
utility an opportunity to earn a fair and reasonable rate of return on
prudently incurred capital investments in the public utility's rate base.�
Within 30 days of receiving the report, the board shall examine its contents
and post the report on the board�s Internet website.� Prior to posting the
report on its Internet website, the board shall remove or redact from the
report any contents that the board determines to be confidential information.

���� 3.��� This act shall take
effect immediately.

STATEMENT

���� This bill provides that when
filing a petition with the Board of Public Utilities (BPU) for an increase in a
public utility�s base rates, the public utility is to provide the BPU with a
report that includes an analysis of the public utility's capital investments, in
a form and manner determined by the BPU, for the purpose of determining the
level of revenues necessary to afford the public utility an opportunity to earn
a fair and reasonable rate of return on prudently incurred capital investments
in the public utility's rate base.� Within 30 days of receiving the report, the
BPU is to examine its contents and post the report on the BPU�s Internet
website.� Prior to posting the report on its Internet website, the BPU is to
remove or redact from the report any contents that the BPU determines to be
confidential information.