New Jersey 222nd Legislature Status: Introduced 2 D cosponsors

S 4061 — Allows value of SREC-IIs to be included in cost-benefit calculations under energy savings improvement programs.

Last action — REF SBA

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed General Assembly
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Senate. Introduced March 23, 2026. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 30% · moderate confidence
  • Introduced

    Current position in the legislative process.

  • 2 sponsors

    2 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (2 D).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill allows including SREC-II values in energy savings program calculations.

This bill permits boards of education to factor in the value of SREC-IIs when calculating costs and benefits for energy savings improvement programs. This change aims to enhance the financial viability of these energy conservation initiatives.

Summary

Energy savings improvement prog-allow value of SEC-IIs included in calculations

Bill Text

  • Introduced View text Current html March 24, 2026

Action History

  1. REF SBA

  2. REP 2RS

  3. INT 1RS REF SEN

Sponsors

Sponsorship breakdown

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2 sponsors · 0 co-sponsors · 118 not signed on

Sponsors (2)

Co-sponsors (0)

None.

Not signed on (118)

118 members have not signed on to this bill.

Show all 118 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

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Votes

Subjects

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Frequently asked questions

What does S 4061 do?
Energy savings improvement prog-allow value of SEC-IIs included in calculations
Who sponsors S 4061?
S 4061 is sponsored by Greenstein, Linda R. (Democrat) and Smith, Bob (Democrat).
What is the current status of S 4061?
This bill has been introduced in the Senate. Introduced March 23, 2026. It must pass committee before a floor vote.
Where can I track S 4061?
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