A 5123 New Jersey General Assembly · 2024-2025 Regular Session

Amends lists of projects eligible to receive loans for environmental infrastructure projects from NJ Infrastructure Bank for FY2025.

This bill amends the lists of environmental infrastructure projects eligible for loans from New Jersey's Infrastructure Bank for fiscal year 2025. It modifies the project eligibility lists by adding new projects, removing some projects, and adjusting the priority rankings and loan amounts for certain projects. The bill reduces the total funding authorization from $2.73 billion to $2.47 billion and changes the total number of eligible projects from 240 to 227, including 152 clean water projects and 67 drinking water projects. These changes affect local governments, public water utilities, and other project sponsors seeking funding for environmental infrastructure improvements.
Bill status in committee 1 of 4 stages cleared
Introduction
Dec 2024
Committee Review
Floor Vote
Governor
Introduced Dec 9, 2024 Last action Dec 19, 2024
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Full legislative history

Actions timeline

Total actions
4
Key actions
1
Committee
2
Dec 16, 2024
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Dec 12, 2024
Committee
Reported out of Assembly Committee with Amendments and Referred to Assembly Appropriations Committee
lower
Dec 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee
lower
3 primary · 3 co-sponsors

Sponsors