New Jersey Administrative Code Title 17 - TREASURY - GENERAL
**New Jersey Administrative Code
Title 17 – Treasury – General**
1. Overview
Title 17 of the New Jersey Administrative Code contains the administrative rules issued by the New Jersey Department of the Treasury.
These rules govern the financial management, fiscal control, procurement, taxation administration, public funds, employee benefits, pensions, and property management of the State of New Jersey.
Title 17 ensures that state financial operations are transparent, accountable, efficient, and lawful.
2. Purpose of Title 17
The primary objectives of Title 17 are to:
Regulate state financial operations
Ensure proper management of public funds
Standardize procurement and contracting procedures
Administer pensions, benefits, and compensation
Safeguard state property and assets
Promote fiscal accountability and integrity
3. Administrative Authority
Title 17 is administered by the New Jersey Department of the Treasury, which includes divisions such as:
Division of Budget and Accounting
Division of Purchase and Property
Division of Taxation
Division of Pensions and Benefits
Office of Management and Budget
Each division adopts rules under Title 17 relevant to its functions.
4. Major Subject Areas Covered Under Title 17
A. State Budgeting and Accounting
Title 17 regulates:
Preparation and execution of the state budget
Accounting standards for state agencies
Financial reporting and auditing requirements
Internal controls to prevent misuse of funds
Objective:
To ensure responsible fiscal planning and lawful expenditure of public money.
B. Procurement and Contracting
Rules under Title 17 govern:
State purchasing procedures
Competitive bidding and contract awards
Vendor qualification and registration
Minority and women-owned business participation
Contract compliance and enforcement
Objective:
To promote fairness, competition, and value in public procurement.
C. State Property and Asset Management
Includes regulations for:
Acquisition and disposal of state-owned property
Leasing of public buildings
Inventory and control of state assets
Use of vehicles and equipment
Objective:
To protect and efficiently manage state property.
D. Tax Administration (Procedural Aspects)
While substantive tax laws are enacted by statute, Title 17 provides rules for:
Tax collection procedures
Refunds and credits
Recordkeeping and compliance
Appeals and administrative reviews
Objective:
To ensure consistent and fair tax administration.
E. Pensions and Employee Benefits
Title 17 contains extensive rules on:
Public employee pension systems
Retirement eligibility and calculations
Health insurance benefits
Disability and survivor benefits
Enrollment and contribution requirements
Objective:
To protect the financial security of public employees and retirees.
F. Compensation and Payroll Administration
Rules address:
Salary payments
Overtime and special compensation
Payroll deductions
Leave accounting
Objective:
To ensure lawful and accurate payment of state employees.
5. Compliance and Enforcement
Compliance Obligations
State agencies must strictly follow Title 17 rules
Contractors and vendors must comply with procurement and financial regulations
Employees must adhere to benefit and payroll rules
Enforcement Tools
Audits and inspections
Contract termination
Financial penalties
Disqualification of vendors
Administrative sanctions
6. Rulemaking and Amendments
Rules under Title 17 are adopted through formal administrative rulemaking
Includes:
Proposal
Public notice
Opportunity for public comment
Final adoption
This ensures transparency and accountability in regulatory changes
7. Practical Examples
Example 1: Public Procurement
A company bidding for a state contract must:
Register as an approved vendor
Follow bidding rules under Title 17
Comply with reporting and payment requirements
Example 2: Pension Administration
A state employee retiring must:
Meet eligibility criteria
Submit required documentation
Receive benefits calculated according to Title 17 pension rules
Example 3: State Budget Control
A state agency cannot exceed its allocated budget without authorization under Title 17 financial control provisions.
8. Importance of Title 17
Ensures fiscal discipline in government operations
Protects taxpayer money
Promotes fair competition in state contracting
Provides security and predictability for public employees
Maintains public trust in state financial administration
Summary
New Jersey Administrative Code – Title 17 (Treasury – General):
Governs financial, procurement, taxation, pension, and asset management rules for the State of New Jersey
Administered by the Department of the Treasury
Applies to state agencies, public employees, contractors, and vendors
Ensures accountability, transparency, and lawful use of public funds
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