"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
Joe Pennacchio
RRepublican
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