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NJ ACR170

Concurrent Resolution

Status

Introduced

6/19/2025

Primary Sponsor

Tennille McCoy

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Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Approves the Fiscal Year 2026 Financial Plan of the New Jersey Infrastructure Bank, which was submitted to the Legislature by May 15, 2025

  • Authorizes the Infrastructure Bank to make loans and guarantee debt for environmental infrastructure projects including clean water, drinking water, stormwater management, and nonpoint source pollution projects

  • Implements financing for projects on eligibility lists developed by the Commissioner of Environmental Protection for the upcoming fiscal year

  • Consolidates financial plans for both clean water projects (under P.L.1985, c.334) and drinking water projects (under P.L.1997, c.224) into a single approved plan

Legislative Description

Approves FY2026 Financial Plan of NJ Infrastructure Bank.

Substituted by another Bill

Last Action

Substituted by SCR131

6/30/2025

Committee Referrals

Appropriations6/19/2025

Full Bill Text

No bill text available