Bill
Bill > S3415
NJ S3415
Establishes "Energy Infrastructure Public-Private Partnerships Program"; amends law concerning NJ infrastructure Bank; and authorizes certain energy contracts under "Public School Contracts Law" and "Local Public Contracts Law" up to 25 years.
summary
Introduced
06/10/2024
06/10/2024
In Committee
10/07/2024
10/07/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 Regular Session
Bill Summary
Establishes "Energy Infrastructure Public-Private Partnerships Program"; amends law concerning NJ Infrastructure Bank; and authorizes certain energy contracts under "Public School Contracts Law" and "Local Public Contracts Law" up to 25 years.
AI Summary
This bill:
Establishes the "Energy Infrastructure Public-Private Partnerships Act" to facilitate public-private partnerships for the development of energy-related projects that improve the reliability, resiliency, and efficiency of the state's energy infrastructure. It amends the law concerning the New Jersey Infrastructure Bank (the "Trust") to allow the Trust to make and contract to make loans and provide other assistance to public-private partnership eligible entities and private entities to finance the cost of energy-related projects. The bill also authorizes certain energy contracts under the "Public School Contracts Law" and the "Local Public Contracts Law" for up to 25 years.
Committee Categories
Agriculture and Natural Resources
Sponsors (4)
Last Action
Reported from Senate Committee with Amendments, 2nd Reading (on 10/07/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S3415 |
| Fiscal Note - Fiscal Estimate 10/23/24; 1R | https://pub.njleg.gov/Bills/2024/S3500/3415_E2.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3500/3415_R1.HTM |
| Analysis - Statement SBA 10/7/24 | https://pub.njleg.gov/Bills/2024/S3500/3415_S1.PDF |
| Fiscal Note - Fiscal Estimate 10/4/24; as introduced | https://pub.njleg.gov/Bills/2024/S3500/3415_E1.PDF |
| BillText | https://pub.njleg.gov/Bills/2024/S3500/3415_I1.HTM |
Loading...