Appropriates funds to DEP for environmental infrastructure projects for FY2026.

This bill appropriates funds to New Jersey's Department of Environmental Protection (DEP) for fiscal year 2026 to provide zero-interest and principal-forgiveness loans to local governments and public water utilities for environmental infrastructure projects. It directly affects municipalities and water utilities that need financing for clean water projects (like combined sewer overflow reduction and water quality restoration) and drinking water projects, with specific funding limits based on project type and affordability criteria. The bill includes detailed lists of 151 qualifying clean water projects totaling $1.7 billion and 59 drinking water projects totaling $652 million, all intended to meet federal requirements under the Clean Water Act and Safe Drinking Water Act. The loans may offer full principal forgiveness for eligible projects or a blended interest rate based on project costs and borrower affordability.