Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2027.
This bill authorizes the New Jersey Infrastructure Bank to lend up to $3.85 billion to local governments and public water utilities for environmental infrastructure projects in fiscal year 2027. The legislation allows the bank to use funds from various existing trust accounts to finance the construction of facilities related to drinking water and wastewater treatment. Additionally, the bill outlines how the bank can increase its available loan amounts by including interest earned, fees, and other financial adjustments.
Bill status
signed
all 5 stages cleared
Introduction
May 2026
Committee Review
Jun 2026
Senate Passage
May 2026
General Assembly Passage
Jun 2026
Signed into Law
Jul 2026
Introduced May 11, 2026
Signed Jul 8, 2026
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
9
Key actions
3
Committee
3
Jun 11, 2026
Lower · Passed
Passed Assembly (Passed Both Houses) (79-0-0)
lower
Jun 8, 2026
Lower · Passed
Reported out of Assembly Committee, 2nd Reading
lower
Jun 4, 2026
Committee
Reported and Referred to Assembly Appropriations Committee
lower
May 28, 2026
Committee
Received in the Assembly, Referred to Assembly Environment and Solid Waste Committee
lower
May 28, 2026
Upper · Passed
Passed by the Senate (36-0)
upper
May 11, 2026
Introduced
Introduced in the Senate, Referred to Senate Environment and Energy Committee
upper
5 primary · 16 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Gabe Rodriguez
DDemocratic
P
Marisa Sweeney
DDemocratic
P
Nick Scutari
DDemocratic
P
Raj Mukherji
DDemocratic
P
Roy Freiman
DDemocratic
Co
Balvir Singh
DDemocratic
Co
Bob Singer
RRepublican
Co
Clinton Calabrese
DDemocratic
Co
Doug Steinhardt
RRepublican
Co
Holly Schepisi
RRepublican
Co
Jim Holzapfel
RRepublican
Co
Joe Pennacchio
RRepublican
Co
Jon Bramnick
RRepublican
Co
Katie Brennan
DDemocratic
Co
Kristin Corrado
RRepublican
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