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NJ S4731
Bill
Status
10/27/2025
Primary Sponsor
Gordon Johnson
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AI Summary
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Authorizes the Palisades Interstate Park Commission to apply for funding from the New Jersey Infrastructure Bank (I-Bank) for hazard mitigation and resilience projects, transportation projects, wastewater treatment system projects, and water supply projects
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Amends the definition of "local government unit" in state infrastructure financing laws to explicitly include the Palisades Interstate Park Commission, making it eligible for the same funding programs as counties, municipalities, and other government entities
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Requires funding requests from the Commission to be submitted to the I-Bank or Department of Environmental Protection and reviewed using the same process as applications from other local government units
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Establishes that passage of a legislative appropriations bill containing funding for a Commission-sponsored project constitutes sufficient legislative authority for that project under existing interstate park compact requirements
Legislative Description
Provides that Palisades Interstate Park Commission is eligible to receive certain funding from New Jersey Infrastructure Bank.
Environment and Energy
Last Action
Introduced in the Senate, Referred to Senate Environment and Energy Committee
10/27/2025