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NJ A764
Bill
Status
1/13/2026
Primary Sponsor
Al Abdelaziz
Click for details
AI Summary
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Increases the New Jersey Infrastructure Bank's authorized expenditure for environmental infrastructure project loans from $2.4 billion to $2.69 billion for fiscal year 2026.
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Removes Rutgers University project S340500-01R ($4.2 million total loan) from the list of clean water projects eligible for supplemental loans.
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Retains Ship Bottom Borough's clean water project (S340311-04R) for a supplemental loan of up to $1 million total.
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Amends references throughout to account for pending legislation regarding zero-interest and principal-forgiveness loans administered by the Department of Environmental Protection.
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Updates the total number of supplemental clean water projects from 2 to 1, reducing estimated allowable trust loan amounts from $3.9 million to $750,000.
Legislative Description
Amends lists of projects eligible to receive loans for environmental infrastructure projects from NJ Infrastructure Bank for FY2026.
Withdrawn Because Approved
Last Action
Withdrawn Because Approved P.L.2025, c.183.
1/13/2026