A 4426 New Jersey General Assembly · 2024-2025 Regular Session

Appropriates funds to DEP for environmental infrastructure projects for FY2025.

This bill appropriates funds to New Jersey's Department of Environmental Protection (DEP) to provide zero-interest loans or principal forgiveness for clean water and drinking water infrastructure projects. It authorizes funding for 156 specific clean water projects and 72 drinking water projects across the state, totaling approximately $2.6 billion in estimated loan amounts. The funding is intended to help municipalities and public water utilities finance infrastructure improvements that reduce pollution, improve water quality, and address environmental challenges. The bill includes specific provisions for varying levels of principal forgiveness based on project type and community need, with a focus on making these projects more affordable for local governments.
Bill status in committee 1 of 4 stages cleared
Introduction
Jun 2024
Committee Review
Floor Vote
Governor
Introduced Jun 13, 2024 Last action Jun 28, 2024
Floor votes

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Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
Jun 26, 2024
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Jun 26, 2024
Committee
Transferred to Assembly Budget Committee
lower
Jun 13, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee
lower
3 primary · 7 co-sponsors

Sponsors