# New Jersey S4507: Permits Director of Division of Pensions and Benefits to initiate temporary transfer of funds in certain circumstances.

New Jersey S4507, Permits Director of Division of Pensions and Benefits to initiate temporary transfer of funds in certain circumstances., is a 221st Legislature (2026-2027) Senate bill sponsored by M. Teresa Ruiz (Democratic), Shirley K. Turner (Democratic); status failed, last action 2026-06-30 (Substituted by A5330) (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/NJ-S4507-2026-2027
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey S4507
- State: New Jersey
- Session: 221st Legislature (2026-2027)
- Title: Permits Director of Division of Pensions and Benefits to initiate temporary transfer of funds in certain circumstances.
- Status: failed
- Chamber: Senate
- Introduced: 2026-06-22
- Last action: 2026-06-30, Substituted by A5330
- Sponsors: M. Teresa Ruiz (Democratic), Shirley K. Turner (Democratic)
- Cosponsors: 0
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: M. Teresa Ruiz (Democratic), Senate
- Sponsor: Shirley K. Turner (Democratic), Senate

## Actions (3)

- 2026-06-30: Substituted by A5330 (Senate)
- 2026-06-24: Reported, 2nd Reading in Senate (Senate)
- 2026-06-22: Introduced, 1st Reading in Senate, Referred to Senate Budget and Appropriations Committee (Senate)

## Bill text

- 6/29/26; as introduced, 2026-06-29: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_E1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_E1.PDF)
- Senate Budget and Appropriations Substitute (6/24/26), 2026-06-25: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_S1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_S1.PDF)
- As Introduced, 2026-06-23: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_I1.PDF)

## Related bills

- S1395: Allows certain limited liability companies to terminate alternate names before end of five-year registration period. (signed)
- S4420: Authorizes regional rehabilitation and reentry center authority to determine county proportional share assessment for budget purposes. (signed)
- S4515: Authorizes dual employment by certain employees of Rutgers University and affiliated contracting entities.* (signed)
- S4413: Establishes School-based Partnerships for Access and Resilience for Kids program in DCF; requires school districts to develop mental health support and partner… (signed)
- S2962: Provides seniority service credit to educational support professionals for military service. (signed)
- A4072: Establishes minimum qualifications for persons employed on public works contract. (signed)

## Sources
- [6/29/26; as introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_E1.HTM)
- [6/29/26; as introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_E1.PDF)
- [Senate Budget and Appropriations Substitute (6/24/26) (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_S1.HTM)
- [Senate Budget and Appropriations Substitute (6/24/26) (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_S1.PDF)
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S5000/4507_I1.PDF)

## Related
- [S1395: Allows certain limited liability companies to terminate alternate names before…](https://policyrisk.com/state-bill/NJ-S1395-2026-2027)
- [S4420: Authorizes regional rehabilitation and reentry center authority to determine co…](https://policyrisk.com/state-bill/NJ-S4420-2026-2027)
- [S4515: Authorizes dual employment by certain employees of Rutgers University and affil…](https://policyrisk.com/state-bill/NJ-S4515-2026-2027)
- [S4413: Establishes School-based Partnerships for Access and Resilience for Kids progra…](https://policyrisk.com/state-bill/NJ-S4413-2026-2027)
- [S2962: Provides seniority service credit to educational support professionals for mili…](https://policyrisk.com/state-bill/NJ-S2962-2026-2027)
- [A4072: Establishes minimum qualifications for persons employed on public works contrac…](https://policyrisk.com/state-bill/NJ-A4072-2026-2027)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-S4507-2026-2027 (as of 2026-10-12).