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S4374 SBA Statement 6/4/26
SENATE BUDGET AND APPROPRIATIONS COMMITTEE
STATEMENT TO
SENATE, No.
4374
STATE
OF NEW JERSEY
DATED:
�JUNE 4,
2026
����� The Senate Budget and Appropriations Committee reports
favorably Senate Bill No. 4374.
����� As reported, this bill requires the Department of
Community Affairs (DCA) to, within three months of the bill�s effective date,
enter into a memorandum of understanding with nonprofit organizations and
utility companies that administer utility bill payment assistance programs that
provide ongoing assistance to residential customers.� The memorandum of
understanding is to require, on a timeline specified in the bill: 1) a
nonprofit organization or utility company to provide DCA with a list of utility
customers and the eligibility criteria for any utility bill payment assistance
program that provides ongoing assistance administered by the nonprofit or
utility company; 2) the DCA to, utilizing the information provided by the
nonprofit or utility company and data concerning Universal Service Fund and Low
Income Home Energy Assistance Program data, identify households eligible for a
utility bill payment assistance program that provides ongoing assistance
administered by the nonprofit organization or utility company; and 3) the
nonprofit organization or utility company to automatically enroll eligible
households into utility bill payment assistance programs that provide ongoing
assistance administered by the nonprofit or utility company.
����� Under the bill, the DCA is required to report to the Governor,
and to the Legislature, the name of any nonprofit organization that administers
a utility bill payment assistance program in the State that declines, or fails,
to enter into a memorandum of understanding pursuant to the bill.
FISCAL IMPACT
:
����� This bill is not certified as requiring a fiscal note.