Bill Text: NJ A3283 | 2024-2025 | Regular Session | Introduced
Bill Title: Directs certain unclaimed electric, gas, and water public utility deposits in Unclaimed Utility Deposits Trust Fund and societal charge revenues to be paid to Statewide nonprofit public utility assistance organizations meeting certain eligibility criteria.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced) 2024-01-09 - Introduced, Referred to Assembly Telecommunications and Utilities Committee [A3283 Detail]
Download: New_Jersey-2024-A3283-Introduced.html
STATE OF NEW JERSEY
221st LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2024 SESSION
Sponsored by:
Assemblyman BENJIE E. WIMBERLY
District 35 (Bergen and Passaic)
Assemblyman WAYNE P. DEANGELO
District 14 (Mercer and Middlesex)
SYNOPSIS
Directs certain unclaimed electric, gas, and water public utility deposits in Unclaimed Utility Deposits Trust Fund and societal charge revenues to be paid to Statewide nonprofit public utility assistance organizations meeting certain eligibility criteria.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning certain public utility assistance payments from the Unclaimed Utility Deposits Trust Fund and from societal benefits charge revenues and amending various parts of statutory law.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. The title of P.L.2000, c.132 (C.48:2-29.38 et al.) is amended to read as follows:
An Act concerning the establishment and funding of [an energy] a public utility assistance program, supplementing Title 48 of the Revised Statutes, and amending R.S.46:30B-74 and R.S.46:30B-75.
(cf: P.L.2000, c.132, title)
2. Section 1 of P.L.2000, c.132 (C.48:2-29.38) is amended to read as follows:
1. The Legislature finds and declares that certain citizens of the State may find it difficult to pay for [energy] public utility services because of a temporary financial reversal, medical crisis or other family problem; and that nonprofit [energy]public utility assistance organizations such as New Jersey Statewide Heating Assistance and Referral for Energy Services (SHARES), have been formed, joining together various nonprofit human service agencies and the major energy and water public utilities in the State to raise money through contributions of the members and others to provide temporary financial assistance to needy customers that may have exhausted all other available resources.
The Legislature therefore determines that it serves a public purpose to provide supplemental funding to such Statewide nonprofit [energy] public utility assistance organizations from the unclaimed property held by the electric [and], gas, and water public utilities in the State.
(cf: P.L.2000, c.132, s.1)
3. Section 2 of P.L.2000, c.132 (C.48:2-29.39) is amended to read as follows:
2. The Board of Public Utilities shall designate an established Statewide nonprofit [energy] public utility assistance organization representing the State's major electric [and], gas, and water public utilities and human service nonprofit groups to receive supplemental funding from unclaimed property held by the State's electric [and], gas, and water public utilities that is transferred to the State in accordance with the requirements of R.S.46:30B-74.
(cf: P.L.2000, c.132, s.2)
4. Section 3 of P.L.2000, c.132 (C.48:2-29.40) is amended to read as follows:
3. The Statewide nonprofit [energy] public utility assistance organization receiving such funding from the State shall utilize the funds to provide temporary financial assistance to residential customers having short-term difficulties paying their [energy] electric, gas, or water public utility bills after such customers have exhausted all other available [energy] public utility assistance resources. The organization shall develop and file with the Board of Public Utilities the eligibility criteria for customers to receive [energy] public utility assistance grants. The organization shall also file annually with the Board of Public Utilities and the Legislature a detailed report on the use of the funds received from the State and the number of recipients and amount of [energy] public utility assistance grants.
(cf: P.L.2000, c.132, s.3)
5. Section 4 of P.L.2000, c.132 (C.48:2-29.41) is amended to read as follows:
4. The Board of Public Utilities is authorized to promulgate, pursuant to [law, such] the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations as may be necessary to effectuate the [purpose] purposes of [this act] P.L.2000, c.132 (C.48:2-29.38 et al.).
(cf: P.L.2000, c.132, s.4)
6. R.S.46:30B-74 is amended to read as follows:
46:30B-74. The administrator shall establish and manage four separate trust funds to be known as the Unclaimed County Deposits Trust Fund, the Unclaimed Child Support Trust Fund, the Unclaimed Utility Deposits Trust Fund, and the Unclaimed Personal Property Trust Fund.
a. All [moneys] monies received as unclaimed county deposits and the accretions thereon shall be deposited into the Unclaimed County Deposits Trust Fund. Each year, unless the administrator deems it prudent and advisable to do otherwise, the administrator shall pay to each county, within 45 days of the receipt of such funds, [75%] 75 percent of the unclaimed county deposits received from that county by the administrator. The remaining portion shall be retained in the trust fund, administered and invested by the State Treasurer, and used to pay claims duly presented and allowed and all expenses and costs incurred by the State of New Jersey. If the Unclaimed County Deposits Trust Fund is insufficient to pay specific claims against a county, the administrator shall report the fact to the county governing body and the unpaid claim shall become an affirmative obligation of that county.
Upon the effective date of [this act] P.L.1992, c.173, any county deposits paid to the administrator between April 18, 1989 and the effective date of [this act] P.L.1992, c.173 shall be transferred from the Unclaimed Personal Property Trust Fund to the Unclaimed County Deposits Trust Fund.
b. (1) All [moneys] monies received in unclaimed property deposits from electric [and], gas, and water public utilities shall be deposited into the Unclaimed Utility Deposits Trust Fund. Each year, unless the administrator deems it prudent and advisable to do otherwise, the administrator shall pay to [the New Jersey Statewide Heating Assistance and Referral for Energy Services (SHARES) nonprofit corporation, or to another] a Statewide nonprofit [energy] public utility assistance organization designated by the Board of Public Utilities within 45 days of the receipt of such funds, [75%] 75 percent of the unclaimed [utility] property deposits [received] from [each of the] electric [and], gas, and water public utilities received by the administrator. Such payments received from the administrator shall be used exclusively for the payment of expenses associated with the restoration of electric [or], gas, or water public utility service, or to prevent the termination of electric [or], gas, or water public utility service provided to electric, gas, or water public utility ratepayers seeking assistance from [New Jersey SHARES, or an equivalent] a Statewide nonprofit [energy] public utility assistance organization [designated by the Board of Public Utilities]. The remaining portion shall be retained in the trust fund, administered and invested by the State Treasurer, and used to pay claims duly presented and allowed and all expenses and costs incurred by the State of New Jersey.
(2) Upon the effective date of P.L.2000, c.132 (C.48:2-29.38 et al.), any unclaimed property deposits [held by] from electric, [and], gas, and water public utilities paid to the administrator between July 1, 1998 and the effective date of [this act] P.L.2000, c.132 (C.48:2-29.38 et al.) shall be transferred from the Unclaimed Personal Property Trust Fund to the Unclaimed Utility Deposits Trust Fund.
(3) Within 10 months after the administrator has completed the disbursement of grant monies to a Statewide nonprofit public utility assistance organization designated by the Board of Public Utilities pursuant to this subsection, and annually thereafter, the Statewide nonprofit public utility assistance organization shall issue a report to the Board of Public Utilities, which shall provide:
(a) the number of applicants applying for household electric, gas, and water public utility assistance grants;
(b) the number of households receiving electric, gas, and water public utility assistance grants;
(c) the average amount of assistance provided to households;
(d) the average gross income of households receiving assistance;
(e) the methods and procedures used for the verification of household income or hardship; and
(f) any other information as required by the board.
The Board of Public Utilities shall thereupon submit the report to the Governor and, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), to the Legislature.
c. All other [moneys] monies received as unclaimed property presumed abandoned, the accretions thereon, and the proceeds of sale of unclaimed property shall be deposited into the Unclaimed Personal Property Trust Fund. Unless the administrator deems it prudent and advisable to do otherwise, [75%] 75 percent of all funds received shall be transferred to the General State Fund. The remaining portion shall be retained in the trust fund, administered and invested by the State Treasurer, and used to pay claims duly presented and allowed and all expenses and costs incurred by the State of New Jersey.
Upon the effective date of [this act] the "Uniform Unclaimed Property Act," R.S.46:30B-1 et seq., all funds and assets of the trust funds established pursuant to N.J.S.2A:37-41, section 8 of P.L.1945, c.199 (C.17:9-25), and N.J.S.17B:31-7, shall be transferred to and become part of the Unclaimed Personal Property Trust Fund established by [this act] R.S.46:30B-1 et seq., which shall be responsible for payment of any allowed claims for restitution of unclaimed property paid into those three funds.
d. All [moneys] monies received as abandoned child support and the accretions thereon shall be deposited in the Unclaimed Child Support Trust Fund. Each year, the administrator shall pay to the judiciary, within 45 days of the receipt of such funds, the federal government's Title IV-D share of the abandoned child support received from the Probation Division of the Superior Court. The remaining portions shall be retained in the trust fund, administered and invested by the State Treasurer, and used to pay claims duly presented and allowed and all expenses and costs incurred by the State of New Jersey. If the Unclaimed Child Support Trust Fund is insufficient to pay specific claims against a county, the administrator shall report the fact to the judiciary and the unpaid claim shall become an affirmative obligation of the judiciary.
Upon the effective date of P.L.1995, c.115, any abandoned child support paid to the administrator between April 18, 1989 and that effective date shall be transferred from the Unclaimed Personal Property Trust Fund to the Unclaimed Child Support Trust Fund.
e. As used in this section:
[(1)] "County deposits" means the proceeds of a judgment received in favor of a minor and placed under the control of a county surrogate or any devise or distribution from an estate paid into the county surrogate's court prior to April 14, 1989; any unclaimed bail and any interest thereon deposited prior to January 1, 1995 and [50%] 50 percent of any unclaimed bail and any interest thereon deposited after January 1, 1995 [;].
[(2)] "Abandoned child support" means any payments for the support of a child or a child and the custodial parent paid to the Probation Division of the Superior Court pursuant to a court order that could not be distributed to the payee or returned to the payor within one year of its receipt [;].
[(3)] "Title IV-D" means Part D, "Child Support and Establishment of Paternity," of subchapter IV of the Social Security Act (42 U.S.C. 651 et seq.) under which states receive partial federal reimbursement of their administrative expenses for establishing paternity and collecting child support [;].
[(4)] "Unclaimed property deposits from electric [and], gas, and water public utilities" means any unclaimed deposits held by electric [and], gas, and water public utilities in accordance with the requirements of R.S.46:30B-29 [and], any unclaimed stock and dividends of electric [and], gas, and water public utilities in accordance with the requirements of R.S.46:30B-31 [and], any unclaimed wages of electric [and], gas, and water public utilities in accordance with the requirements of R.S.46:30B-44, and any other unclaimed property of electric [and], gas, and water public utilities in accordance with the requirements of R.S.46:30B-7.
"Qualified ratepayers" means electric, gas, and water public utility ratepayers meeting certain income requirements as established by the board.
"Statewide nonprofit public utility assistance organization" means a nonprofit organization providing electric, gas, and water public utility payment assistance to qualified ratepayers and having:
(1) a network of no less than 200 partner organizations that collectively have a physical presence in every county in this State, providing secure, online, or in-person grant application access;
(2) a board of directors comprised of not less than five electric, gas, or water public utility representatives; and
(3) an on-site customer service call center providing access to assistance offered in a minimum of 150 languages.
(cf: P.L.2000, c.132, s.5)
7. (New section) a. Notwithstanding any provision to the contrary of section 12 of P.L.1999, c.23 (C.48:3-60) or any law, rule, regulation, or order adopted pursuant thereto, in the fiscal year commencing July 1, 2022, the Board of Public Utilities shall, from available balances accumulated in accounts of the board from funds collected through the societal benefits charge imposed pursuant to that section, allocate $25,000,000 to fund the issuance of grants to help pay the electric, gas, and water public utility bills of households seeking temporary assistance from a Statewide nonprofit public utility assistance organization with:
(1) a network of no less than 200 partner organizations that collectively have a physical presence in every county in this State, providing secure, online, or in-person grant application access;
(2) a board of directors comprised of not less than five electric, gas, or water public utility representatives; and
(3) an on-site customer service call center providing access to assistance offered in a minimum of 150 languages.
b. Within one year after the board has completed the disbursement of grant monies to a Statewide nonprofit public utility assistance organization as required under this section, the Statewide nonprofit public utility assistance organization shall issue a report to the board, which shall provide:
(1) the number of applicants applying for household electric, gas, and water public utility assistance grants;
(2) the number of households receiving electric, gas, and water public utility assistance grants;
(3) the average amount of assistance provided to households;
(4) the average gross income of households receiving assistance;
(5) the methods and procedures used for the verification of household income or hardship; and
(6) any other information as required by the board.
c. The board shall thereupon submit the report to the Governor and, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), to the Legislature.
8. Sections 1 through 5 of this act shall take effective immediately, but shall not be construed to impair any vested right or obligation under any contract entered into prior to the date of enactment. Section 6 of this act shall take effect immediately, but shall remain inoperative for 60 days following the date of enactment. Section 7 of this act shall take effect on July 1, 2022 and shall expire on the 30th day following submission to the Governor and the Legislature of the report required to be issued pursuant to section 7 of this act.
STATEMENT
This bill requires that unclaimed property deposits from an electric, gas, or water public utility (utility) in the Unclaimed Utility Deposits Trust Fund (trust fund) be paid to a Statewide nonprofit public utility assistance organization (assistance organization) meeting certain criteria. Under the bill, in order to be eligible to receive trust fund monies, an assistance organization designated by the Board of Public Utilities (BPU) is required to: 1) have a network of no less than 200 partner organizations that collectively have a physical presence in every county in this State, providing secure, online or in-person grant application access; 2) have a board of directors comprised of not less than five utility representatives; and 3) have an on-site customer service call center providing access to assistance offered in a minimum of 150 languages. Within 10 months after the trust fund administrator disburses grant monies to the assistance organization designated by the BPU, and annually thereafter, the assistance organization is to issue a report to the BPU providing the number of applicants applying for household utility assistance grants, the number of households receiving utility assistance grants, the average amount of assistance provided to households, the average gross income of households receiving assistance, the methods and procedures used for the verification of household income or hardship, and any other information the BPU requires.
Further, the bill provides that for the State fiscal year starting on July 1, 2022, the BPU is to dedicate $25 million from available balances collected through the societal benefits charge to provide grants to help pay the utility bills of households seeking temporary assistance from an assistance organization having the same qualifications required for payments of the trust fund as described above. Within one year after the BPU completes the disbursement of grant monies to the assistance organization, the assistance organization is to issue a report to the BPU providing the same information, as is also required in the annual report required for the receipt of payments from the trust fund as described above.
