New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S2024

Introduced
6/27/23  
Refer
6/27/23  

Caption

Appropriates $54,357,547,000 in State funds and $26,144,171,463 in federal funds for the State budget for fiscal year 2023-2024.

Impact

The introduction of Bill S2024 would have a profound impact on state laws and expenditures. By delineating the appropriations of state and federal funds, this bill sets the groundwork for how state services, public education, health care, and infrastructure projects will be funded. Legislators and advocates argue that such funding is essential to meet the growing needs of the population and maintain the quality of public services. Furthermore, the bill's provisions are designed to ensure that fiscal resources are allocated efficiently and effectively across various sectors.

Summary

Bill S2024 focuses on appropriating a significant budget for the state, specifically allocating $54,357,547,000 in state funds alongside $26,144,171,463 in federal funds for the fiscal year 2023-2024. This budget plan aims to address various state needs, including public services, infrastructure, and other essential areas that require funding. The comprehensive funding outlined in this bill reflects ongoing efforts to maintain and improve state operations and services, especially in the context of recovery from previous economic impacts.

Contention

Despite the overall support for the funding mechanisms in S2024, there are notable points of contention among lawmakers regarding specific allocations and priorities. Some legislators voiced concerns about the distribution of federal funds and whether certain areas, particularly in healthcare and education, receive adequate support. There are ongoing debates about whether the proposed budget allocations properly reflect the most pressing needs of constituents, with some advocating for adjustments to ensure that vulnerable populations are not overlooked in the fiscal planning process.

Companion Bills

NJ A5669

Same As Appropriates $54,357,547,000 in State funds and $26,144,171,463 in federal funds for the State budget for fiscal year 2023-2024.

Previously Filed As

NJ A5669

Appropriates $54,357,547,000 in State funds and $26,144,171,463 in federal funds for the State budget for fiscal year 2023-2024.

NJ S2023

Appropriates $50,640,229,000 in State funds and $24,082,639,850 in federal funds for the State budget for fiscal year 2022-2023.

NJ A4402

Appropriates $50,640,229,000 in State funds and $24,082,639,850 in federal funds for the State budget for fiscal year 2022-2023.

NJ A4700

Appropriates $56,635,803,000 in State funds and $27,501,993,844 in federal funds for the State budget for fiscal year 2025.

NJ S2025

Appropriates $56,635,803,000 in State funds and $27,501,993,844 in federal funds for the State budget for fiscal year 2025.

NJ S2026

Appropriates $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the State budget for fiscal year 2026.

NJ A5800

Appropriates $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the State budget for fiscal year 2026.

NJ HB2184

Making and concerning appropriations for fiscal years 2023, 2024, 2025, 2026, 2027 and 2028 for various state agencies.

NJ SB28

Making and concerning supplemental appropriations for fiscal years 2024 and 2025 and appropriations for fiscal years 2025, 2026, 2027 and 2028 for various state agencies.

NJ H7225

MAKING APPROPRIATIONS FOR THE SUPPORT OF THE STATE FOR THE FISCAL YEAR ENDING JUNE 30, 2025

Similar Bills

NJ A5669

Appropriates $54,357,547,000 in State funds and $26,144,171,463 in federal funds for the State budget for fiscal year 2023-2024.

NJ A4700

Appropriates $56,635,803,000 in State funds and $27,501,993,844 in federal funds for the State budget for fiscal year 2025.

NJ S2025

Appropriates $56,635,803,000 in State funds and $27,501,993,844 in federal funds for the State budget for fiscal year 2025.

NJ S2026

Appropriates $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the State budget for fiscal year 2026.

NJ A5800

Appropriates $58,782,119,000 in State funds and $31,007,261,743 in federal funds for the State budget for fiscal year 2026.

NJ A4402

Appropriates $50,640,229,000 in State funds and $24,082,639,850 in federal funds for the State budget for fiscal year 2022-2023.

NJ S2023

Appropriates $50,640,229,000 in State funds and $24,082,639,850 in federal funds for the State budget for fiscal year 2022-2023.

NJ S3386

Reallocates FY 2023 State and federal appropriations totaling $355,738,000, and amends and supplements language affecting appropriations in FY 2023.