This bill directs the New Jersey Department of Environmental Protection to use specific state funds to finance environmental infrastructure projects in fiscal year 2027. The legislation authorizes the department to provide zero-interest or principal forgiveness loans to sponsors for clean water and drinking water initiatives, utilizing money from various revolving funds and federal grants. Additionally, it permits the transfer of funds between different state revolving accounts to address urgent public health threats and meet future financing needs. Ultimately, the act ensures that available capital is allocated to support essential water and wastewater infrastructure improvements through the state's lending programs.
This bill requires landlords in New Jersey municipalities with rent control ordinances to file detailed compliance forms with local clerks and mandates that these records be made publicly available online. It establishes a new digital system managed by the Department of Community Affairs to store and search these records, while also providing grants to help towns digitize existing paperwork. To enforce these rules, the bill creates a rebuttable presumption that rent control applies if records are missing and imposes a $150 penalty for knowingly submitting false information. Additionally, the legislation appropriates $2 million to fund the creation of this online system and to assist municipalities with record digitization.
This bill expands New Jersey's child tax credit to include children aged six through 11, in addition to the current eligibility for children under six. It directly affects resident taxpayers with taxable income of $80,000 or less who have children in this age range. The key provision amends existing state tax law to allow a credit of up to $1,000 per child, with the amount decreasing as family income rises above $30,000, and applies to tax years beginning on or after January 1, 2026.
This bill allows New Jersey school districts to use leftover state funding from one nonpublic school program to pay for another, rather than requiring them to return the unused money to the state. Specifically, it permits funds originally designated for nursing services to be applied toward security services, and vice versa, if a district spends less than the amount received for either program. The legislation amends existing laws governing state aid for nonpublic schools to streamline how districts manage these specific financial resources.
This bill directs the New Jersey Division of Housing and Community Resources to create a state matching grant program that provides additional financial assistance to low-income households already receiving federal Low-Income Home Energy Assistance Program (LIHEAP) support. To qualify, applicants must submit forms detailing their household size, income, and previous federal aid amounts, after which eligible recipients receive state grants equal to the federal assistance they received in the most recent fiscal year. The legislation appropriates $205.5 million from the General Fund to finance these grants and requires the agency to submit annual reports to the Governor and Legislature on the program's implementation and impact.
This bill expands New Jersey's Brownfields Redevelopment Incentive Program to offer tax credits specifically for developers creating residential projects on cleaned-up brownfield sites. The legislation amends existing state laws to formally define key terms such as 'affordable housing' and 'developer,' ensuring clarity for those seeking financial incentives. By clarifying these definitions and extending the program's scope, the bill aims to encourage the reuse of contaminated land for housing development.
This bill establishes a $10 million emergency fund to help licensed and registered child care programs in New Jersey avoid closure due to significant drops in enrollment. To qualify for assistance, a program must demonstrate a decrease of at least 30 percent in student numbers compared to the previous year. The State Treasurer manages the fund and distributes grants on a rolling basis, with no single provider receiving more than $60,000 annually. The bill also allows the fund to accept additional federal money and requires the Commissioner of Human Services to create an application process for eligible providers.
This bill authorizes the New Jersey Infrastructure Bank to lend $13.093 million to local governments for specific hazard mitigation and resilience projects in fiscal year 2027. The funds are designated for four approved initiatives in Jersey City, Brigantine, Highlands, and Manasquan, which include park resilience, living shorelines, flood mitigation, and coastal protection. To receive these loans, project sponsors must certify that their plans comply with existing emergency management laws and regulations, and the loans must be repaid within 30 years of completion. Additionally, the bill allows the bank to grow its lending capacity by using interest earned on loans and other program fees.
This bill allows New Jersey residents to claim a state tax deduction for theft losses that are also deductible on their federal tax returns. It directly affects individuals who suffer financial losses from crimes such as larceny, embezzlement, or fraudulent schemes like investment scams. The key provision ensures that the amount of the state deduction matches the federal deduction allowed under the Internal Revenue Code, provided the loss is not already offset by other income calculations. By aligning state rules with federal standards, the legislation simplifies the process for victims of theft to reduce their taxable income.
This bill, titled the "Fairness for School Districts in Development Restricted Areas Act," provides additional state funding to specific school districts located in municipalities within New Jersey's Highlands or Pinelands preservation areas. To qualify, a school district must have a resident enrollment of more than 500 students, be situated entirely within a municipality where at least 25 percent of the land is protected, and have experienced a net loss in state school aid between the 2017-2018 and 2024-2025 school years. The funding amount is calculated by multiplying $250 by the number of protected acres in the municipality, with annual caps of $2.5 million for districts with fewer than 1,000 students and $5 million for those with more. This legislation aims to offset financial impacts on schools in these regions by supplementing existing state aid formulas.
