New Jersey legislation · 2026-2027 Regular Session
New Jersey S2027: State budget, fiscal year 2027-State funds $60.743B and federal funds $30.495B
Status: In committee, June 30, 2026
Appropriates $60,743,569,000 in State funds and $30,495,124,195 in federal funds for the State budget for fiscal year 2027.
What the bill says
An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2027 and regulating the disbursement thereof…
From the introduced text, June 28, 2026:
An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2027 and regulating the disbursement thereof. ANTICIPATED RESOURCES FOR THE FISCAL YEAR 2026-2027 GENERAL FUND Undesignated funds, July 1, 2026 $7,681,533,000 Major Taxes Sales $14,649,558,000 Energy Tax Receipts - Sales Tax $805,636,000 Sales - Energy $425,137,000 Less: Sales Tax Dedication ($1,198,500,000) Corporation Business $4,075,477,000 Corporate Transit Fee $814,422,000 Corporation Business - Energy $1,500,000 Petroleum Products Gross Receipts $1,705,034,000 Less: Petroleum Products Gross Receipts - Capital Reserves ($777,369,000) Business Alternative Income Tax $4,820,477,000 Insurance Premium $700,000,000 Transfer Inheritance $648,970,000 Realty Transfer $570,344,000 Graduated Percent Fee $532,706,000 Motor Vehicle Fees $467,427,000 Motor Fuels $464,768,000 Alcoholic Beverage Excise $159,310,000 Tobacco Products Wholesale Sales $58,093,000 Public Utility Excise (Reform) $23,000,000 Total, Major Taxes $28,945,990,000 Miscellaneous Taxes, Fees and Revenues Executive Branch Department of Agriculture: Fertilizer Inspection Fees $366,000 Miscellaneous Revenue $2,000 Subtotal, Department of Agriculture $368,000 Department of Banking and Insurance: Actuarial Services $6,000 Banking - Assessments $17,677,000 Banking - Licenses and Other Fees $3,017,000 Fraud Fines $1,416,000 HMO Covered Lives $3,000 Insurance - Examination Billings $208,000 Insurance - Licenses and Other Fees $62,100,000 Insurance - Special Purpose Assessment $56,109,000 Insurance Fraud Prevention $33,486,000 Real Estate Commission $11,785,000 Subtotal, Department of Banking and Insurance $185,807,000 Department of Children and Families: Child …
Sponsors
- Paul A. Sarlo (D, 36) · primary sponsor
- Linda R. Greenstein (D, 14) · primary sponsor
- Raj Mukherji (D, 32)
Latest actions
- : SUB BY A5327
- : REP 2RS
- : INT 1RS REF SBA
Votes
- Senate Budget and Appropriations Committee: Reported favorably (June 28, 2026): 9 yea, 4 nay, passed
Subjects: STATE BUDGET AND FINANCE
Common questions
- What is S2027?
- S2027 is a bill in the New Jersey Legislature (2026-2027 Regular Session): State budget, fiscal year 2027-State funds $60.743B and federal funds $30.495B.
- What does S2027 do?
- In its own words: An Act making appropriations for the support of the State Government and the several public purposes for the fiscal year ending June 30, 2027 and regulating the disbursement thereof…
- What is the status of S2027?
- In committee as of June 30, 2026. Latest action: SUB BY A5327 (June 30, 2026).
- Who sponsored S2027?
- Paul A. Sarlo (D, 36), with 2 co-sponsors.
- Where is the official record for S2027?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/S2027
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.