New Jersey A 5188: Requires availability of electronic fund transfers by health insurance carriers to reimburse covered persons.
Status: Introduced in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee (as of 2025-01-16)
State: New Jersey · Session: 221 · Bill: A 5188
Subjects: HEALTH INSUR
Sponsors: Verrelli, Anthony S.
Bill Text
A5188 2R [Second Reprint] ASSEMBLY, No. 5188 STATE OF NEW JERSEY 222nd LEGISLATURE � INTRODUCED JUNE 1, 2026 Sponsored by: Assemblyman� CODY D. MILLER District 4 (Atlantic, Camden and Gloucester) Assemblyman� ALEXANDER "AVI" SCHNALL District 30 (Monmouth and Ocean) Assemblyman� CHIGOZIE U. ONYEMA District 28 (Essex and Union) Senator� ANDREW ZWICKER District 16 (Hunterdon, Mercer, Middlesex and Somerset) Senator� BRITNEE N. TIMBERLAKE District 34 (Essex) Co-Sponsored by: Assemblywoman Bagolie, Assemblymen Kearney, Bhalla, Macurdy and Senator McKnight SYNOPSIS ���� �Advanced Grid Technologies Act�; requires State oversight of supplemental projects and establishes expedited review for projects utilizing advanced transmission technologies. CURRENT VERSION OF TEXT ���� As reported by the Assembly State and Local Government Committee on June 23, 2026, with amendments. �� An Act concerning electric transmission planning and supplementing Title 48 of the Revised Statutes. ���� Be It Enacted by the Senate and General Assembly of the State of New Jersey: ���� 1.��� This act shall be known and may be cited as the �Advanced Grid Technologies Act.� ���� 2.��� The Legislature finds and declares that:� ���� a.���� Electric transmission facilities serving New Jersey customers face unprecedented demands from rising load growth, lengthy interconnection queues, and the continuous need to provide adequate, reliable, and efficient electric service to customers; ���� b.��� In Order No. 1920 and other related proceedings, the Federal Energy Regulatory Commission (FERC) recognized that advanced transmission technologies are essential tools for modern grid planning that should be meaningfully considered in transmission planning processes; ���� c.���� Advanced transmission technologies, including grid-enhancing technologies and high-performance conductors, have 2in certain instances2 demonstrated significant consumer savings, reliability improvements, and capacity gains in deployments within the United States and internationally, often with benefit-to-cost ratios substantially exceeding those of traditional transmission alternatives; ���� d.��� 2[Advanced distribution technologies, including distribution automation, advanced inverters, distributed energy resource management systems, and grid-services-capable storage, are essential to integrating distributed energy resources, electrifying buildings and transportation, and maintaining reliable distribution service despite evolving load patterns; ���� e.���� ]2 Electric public utilities undertake transmission projects to 2[supplement projects] address local transmission upgrades outside the regional transmission planning process reviewed and2 approved by PJM Interconnection, L.L.C. (PJM) for regional reliability, operational performance, or economic purposes.� These projects are commonly referred to as supplemental projects in PJM�s Attachment M-3 process and have historically received limited 2to no2 oversight from PJM and 2[state] State2 regulatory authorities, even though costs for these supplemental projects are passed through to utility customers; ���� 2[f.] e.2����� Often, 2[cost-of-service ratemaking, as traditionally applied,] the use of formula rates at FERC2 fails to effectively incentivize electric public utilities to adopt advanced transmission technologies 2[and advanced distribution technologies]2.� However, regulatory mechanisms that align utility financial interests with consumer savings could successfully incentivize such adoption; ���� 2[g.] f.2���� For more than a century, state regulatory authorities have exercised authority over the construction of electric transmission facilities through certificates of public convenience and necessity.� Moreover, FERC has acknowledged 1[that authorizing supplemental projects undertaken pursuant to] the consultative role of state regulatory authorities in1 PJM�s Attachment M-3 process 1[is a function of state regulatory authorities]1; and ���� 2[h.] g.2���� It is therefore in the public interest for New Jersey to establish a process for issuing certificates of public convenience and necessity for supplemental 2[transmission]2 projects undertaken by electric public utilities in the State, which process shall require meaningful consideration of 2cost-effective2 advanced transmission technologies 2[and advanced distribution technologies]2 and provide for expedited review where such technologies are deployed 2in a cost-effective manner in order2 to meet applicable grid performance benchmarks. ���� 3.��� As used in P.L. , c. (C. ) (pending before the Legislature as this bill):� ���� �Advanced conductor� means a conductor used in an electric transmission system, which conductor has: �(1) a similar diameter and weight as a traditional aluminum conductor steel reinforced conductor; (2) a direct electrical resistance that is
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