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  • NJ A4327
  • Amends list of environmental infrastructure projects approved for long-term funding for FY 2017 to include new projects and revise allowable loan amounts.
Introduced
(11/14/2016)
In Committee
(12/15/2016)
Crossed OverPassedSignedDead/Failed/Vetoed
2016-2017 Regular Session
This bill would amend the list of environmental infrastructure projects approved by the Legislature for long-term funding for Fiscal Year 2017 to include new projects and revise allowable loan amounts for already approved projects. Under current law, on or before May 15 of each year, the New Jersey Environmental Infrastructure Trust (NJEIT) must submit a list of environmental infrastructure projects, known as the project eligibility list, to be approved by the Legislature for long-term funding. The list is introduced in each House in the form of legislative appropriations bills. In August 2016, P.L.2016, c.32 was enacted into law, which appropriated funds to the Department of Environmental Protection (DEP) for the purpose of financing approximately $411.35 million in environmental infrastructure projects through the NJEIT in Fiscal Year 2017. Of that amount, $295.1 million was made available for clean water project loans and $116.25 million for drinking water project loans. Also in August 2016, P.L.2016, c.30 was enacted into law, which, among other things, provided the NJEIT with the authority to submit an additional project eligibility list, by October 15 of each year, for approval by the Legislature. Pursuant to that authority, the NJEIT submitted an additional project eligibility list and revisions to allowable loan amounts for projects that were already approved in P.L.2016, c.32. This bill would amend P.L.2016, c.32 to include those new projects and revisions to allowable loan amounts for already approved projects. Under the bill and P.L.2016, c.32, approximately $641.58 million would be made available for environmental infrastructure projects in Fiscal Year 2017. Of that amount, approximately $451.38 million would be available for clean water project loans and $190.2 million for drinking water project loans.
2nd Reading in the Assembly, Substituted by another Bill
Substituted by S2732  (on 12/19/2016)
 
 

Date Chamber Action Description
12/19/2016 A Substituted by S2732
12/15/2016 A Reported out of Assembly Committee, 2nd Reading
12/15/2016 Assembly Appropriations Hearing (13:00 12/15/2016 Committee Room 11, 4th Floor)
11/14/2016 A Reported and Referred to Assembly Appropriations Committee
11/14/2016 A Introduced, Referred to Assembly Environment and Solid Waste Committee
Date Motion Yea Nay Other
Detail 12/15/2016 Assembly Appropriations Committee: Reported Favorably 9 0 2
Detail 11/14/2016 Assembly Environment and Solid Waste Committee: Reported Favorably 5 0 0