Bill
Bill > S2594
NJ S2594
NJ S2594Appropriates $28,670,924 in 2003 and 1992 bond act monies for loans for dam restoration and repair projects and inland waters projects.
summary
Introduced
02/08/2024
02/08/2024
In Committee
03/20/2025
03/20/2025
Crossed Over
05/20/2024
05/20/2024
Passed
04/22/2025
04/22/2025
Dead
Signed/Enacted/Adopted
04/22/2025
04/22/2025
Introduced Session
2024-2025 Regular Session
Bill Summary
An Act appropriating $22,431,294 from the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003," P.L.2003, c.162, and $6,239,630 from the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992," P.L.1992, c.88, to provide loans for dam restoration and repair projects and inland waters projects.
AI Summary
This bill appropriates a total of $28,670,924 in funds from two separate bond acts to provide loans for dam restoration and repair projects, as well as inland waters projects. Specifically, $22,431,294 is allocated from the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003" (P.L.2003, c.162), which is referred to as the 2003 bond act, and $6,239,630 is allocated from the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992" (P.L.1992, c.88), known as the 1992 bond act. These funds, made available through various means such as project savings and loan repayments, will be used by the Department of Environmental Protection to offer loans to local government units, private dam owners, or lake associations for projects aimed at restoring and repairing dams and improving inland waters. The bill also outlines specific projects and their allocated loan amounts, and any unexpended funds are to be returned to their respective bond funds for future projects.
Committee Categories
Agriculture and Natural Resources
Sponsors (13)
David Bailey (D)*,
Tony Bucco (R)*,
Dawn Fantasia (R)*,
Lou Greenwald (D)*,
Bob Smith (D)*,
Aura Dunn (R),
Michael Inganamort (R),
Andrea Katz (D),
Bill Moen (D),
Gregory Myhre (R),
Brian Rumpf (R),
Parker Space (R),
Bill Spearman (D),
Last Action
Approved P.L.2025, c.44. (on 04/22/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S2594 |
| BillText | https://pub.njleg.gov/Bills/2026/S3000/2594_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/PL25/44_.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/AL25/44_.HTM |
| Analysis - Statement AAP 3/20/25 2R | https://pub.njleg.gov/Bills/2024/S3000/2594_S4.PDF |
| Analysis - Statement AEN 3/10/25 2R | https://pub.njleg.gov/Bills/2024/S3000/2594_S3.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2594_R2.HTM |
| Analysis - Statement Senate 5/13/24 1R | https://pub.njleg.gov/Bills/2024/S3000/2594_S2.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2594_R1.HTM |
| Analysis - Statement SEN 3/4/24 | https://pub.njleg.gov/Bills/2024/S3000/2594_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3000/2594_I1.HTM |
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