Requires BPU to discontinue Infrastructure Investment Program.

This bill requires New Jersey's Board of Public Utilities (BPU) to discontinue the Infrastructure Investment Program (IIP), ending the BPU's ability to approve new infrastructure projects through this specific process. It prohibits the BPU from accepting new IIP petitions or approving pending ones without conducting a full rate review for the utility involved. Utilities with existing IIP petitions must either include their proposed investments in their next regular base rate case or provide all required information for a full review within 90 days (with possible extensions). Failure to meet the deadline results in the petition being withdrawn and no longer processed separately from standard rate reviews.