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NJ S749
Bill
Status
Passed
1/13/2026
Primary Sponsor
John Burzichelli
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AI Summary
- Amends P.L.2025, c.109 to update the lists of environmental infrastructure projects approved for long-term financing under New Jersey's FY2026 Environmental Infrastructure Funding Program administered by the Department of Environmental Protection (DEP)
- Authorizes zero-interest and principal-forgiveness loans from the Clean Water State Revolving Fund and Drinking Water State Revolving Fund for eligible clean water and drinking water projects
- Allocates principal forgiveness amounts including up to $18 million for combined sewer overflow projects, $27 million for emerging contaminant projects, $19 million for projects meeting affordability criteria, and $10 million for water and energy efficiency projects
- Establishes tiered principal forgiveness based on DEP affordability scores, with Tier 1 borrowers eligible for up to $3 million in 100% forgiveness and Tier 2 borrowers eligible for up to $2 million
- Authorizes up to $60 million in grants (capped at $2 million per applicant) for disadvantaged communities participating in technical assistance programs for planning, design, and construction costs
Legislative Description
Amends lists of environmental infrastructure projects approved for long-term funding by DEP under FY2026 environmental infrastructure funding program.
Withdrawn Because Approved
Last Action
Withdrawn Because Approved P.L.2025, c.182.
1/13/2026
Committee Referrals
Environment and Energy1/13/2026
Full Bill Text
No bill text available