S 368 New Jersey Senate · 2024-2025 Regular Session

"Flood Control, Mitigation, and Prevention Bond Act"; authorizes bonds for up to $2 billion and appropriates $5,000.

This bill authorizes New Jersey to issue up to $2 billion in bonds to fund flood control, mitigation, and prevention projects across the state. It directly affects all New Jersey residents by financing infrastructure like levees, river improvements, and drainage systems to reduce flood damage. Key provisions include requiring a public referendum for bond approval and directing funds toward structural projects (e.g., river walls, flood gates) while excluding property buyouts. The bill does not create new regulations but provides the financial mechanism to advance existing flood control plans identified by state commissions.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Senate, Referred to Senate Environment and Energy Committee
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Joe Pennacchio
Joe Pennacchio
RRepublican
NJ
26