Bill Text: NJ S315 | 2010-2011 | Regular Session | Introduced

New Jersey Senate Bill 315 (Prior Session Legislation)

Introduced

Bill Title: Phases in official advertising rate increases; provides for biennial rate adjustments thereafter upon CPI changes.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2010-01-12 - Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee [S315 Detail]

Download: New_Jersey-2010-S315-Introduced.html

SENATE, No. 315

STATE OF NEW JERSEY

214th LEGISLATURE

PRE-FILED FOR INTRODUCTION IN THE 2010 SESSION

Sponsored by:

Senator RICHARD J. CODEY

District 27 (Essex)

SYNOPSIS

Phases in official advertising rate increases; provides for biennial rate adjustments thereafter upon CPI changes.

CURRENT VERSION OF TEXT

Introduced Pending Technical Review by Legislative Counsel

An Act concerning official advertising rates and amending R.S.35:2-1.

Be It Enacted by the Senate and General Assembly of the State of New Jersey:

1. R.S.35:2-1 is amended to read as follows:

35:2-1. a. [The] Except as provided in subsection b. of this section the price to be paid for publishing all official advertising as defined in R.S.35:1-1 in newspapers shall be as follows:

In newspapers published in the State of New Jersey having a bona fide net paid circulation of up to 2,500 copies, the rate shall be $0.25 per line for each insertion; in the case of any newspaper having a bona fide net paid circulation of not less than 2,500 copies nor more than 5,000 copies, the rate shall be $0.31 per line for each insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 5,000 copies and not more than 10,000 copies, the rate shall be $0.34 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 10,000 copies and not more than 30,000 copies, the rate shall be $0.35 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 30,000 and not more than 45,000 copies, the rate shall be $0.36 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 45,000 copies and not more than 60,000 copies, the rate shall be $0.38 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 60,000 copies and not more than 75,000 copies, the rate shall be $0.44 per line per insertion; and in the case of any newspaper having bona fide net paid circulation of not less than 75,000 copies and of more than 100,000 copies, the rate shall be $0.60 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 100,000 copies, and not more than 125,000 copies, the rate shall be $0.66 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 125,000 copies, and not more than 150,000, the rate shall be $0.72 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation of not less than 150,000 copies and not more than 200,000 copies, the rate shall be $0.82 per line per insertion; and in the case of newspapers having a bona fide net paid circulation of not less than 200,000 copies and not more than 300,000 copies, the rate shall be $0.91 per line per insertion; and in the case of any newspaper having a bona fide net paid circulation in excess of
300,000 copies the rate shall be $1.00 per line per insertion; but before any newspaper can charge the foregoing rates, the publisher or business manager of such newspaper must file with the properly authorized officer of every municipality, county or governing body, placing official advertising in such newspaper, an affidavit setting forth the average net paid circulation of such newspaper for the 12-month period ending September 30 next preceding and the rate to be charged for official advertising, which in no case shall be in excess of, or below, the rates provided in the foregoing schedule, except as provided in subsection b. of this section.

Lines shall be calculated upon the basis of the space that a 6 point line, 8 picas wide would occupy.

b. The State Treasurer shall phase in a 15% increase to the rates set forth in subsection a. of this section by increasing the rates set forth in subsection a. of this section by 3% per year for five consecutive years until the rates have been increased by a total of 15%. The State Treasurer shall annually publish the adjusted rates on July 1 of each phase-in year. Thereafter, the State Treasurer, no later than April 1st of each odd-numbered year occurring at least 12 months after the final phase-in adjustment, shall adjust the rates in direct proportion to the percent change in the Consumer Price Index during the previous calendar year. This adjustment shall become effective on July 1 of each odd-numbered year upon publication of the rates by the State Treasurer. For the purpose of this subsection, "Consumer Price Index" means the Consumer Price Index for All Urban Consumers, New York-Northern New Jersey-Long Island Metropolitan Area, All Items (1982-84=100), as published by the Bureau of Labor Statistics in the United States Department of Labor. An adjustment to the rates shall be made only if the percent change in the Consumer Price Index for the previous calendar year, when applied to the rate and rounded to the nearest whole cent, provides for an increase of at least one cent or a decrease of at least one cent. If the reference base of the index is changed, the index used to determine the Consumer Price Index shall be the index converted to the new base by standard statistical methods.

(cf: P.L.1983, c.117, s.1)

2. This act shall take effect immediately and shall remain inoperative until July 1 next following enactment, following publication of new rates by the State Treasurer.

STATEMENT

This bill phases in a 15% increase, over five years, to the rates to be paid for official advertising (those matters required by law to be published) in New Jersey newspapers. The bill also provides for an inflation or deflation adjustment every two years to the revised rates if the percent change in the Consumer Price Index for the previous calendar year, when applied to the rate and rounded to the nearest whole cent, results in an increase of at least one cent or a decrease of at least one cent.