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New Jersey Statutes, Title: 26, HEALTH AND VITAL STATISTICS

    Chapter 2C:

      Section: 26:2C-56: Action plan for ratepayer relief, certain circumstances.

14. a. If the price of allowances at two consecutive regional auctions in which the State of New Jersey is a participant exceeds $7 per allowance, the department and the board shall, within 90 days after the second auction, develop an action plan for immediate ratepayer relief and hold a joint public hearing or hearings regarding the allowance price.

b. No later than 90 days after the final hearing is held, the department and the board shall jointly issue a report to the Governor and the Legislature, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), with their findings and recommendations.

L.2007, c.340, s.14.

This section added to the Rutgers Database: 2012-09-26 13:37:48.

Older versions of 26:2C-56 (if available):

Court decisions that cite this statute: CLICK HERE.