Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2027; makes appropriation.

This bill authorizes the New Jersey Infrastructure Bank to spend $65.55 million in loans for transportation infrastructure projects during the 2027 fiscal year. The legislation allows the bank to provide funding to local government units for construction costs and includes specific provisions for forgiving up to $1 million in planning and design loans under certain conditions. Additionally, the act permits the bank to use additional funds to cover its own operational expenses, such as bond issuance costs and reserve requirements. While the text lists specific eligible projects, the summary of those details is incomplete in the provided document.