NJ A1845

Bill

Requires DEP and New Jersey Infrastructure Bank to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas.

Introduced
01/13/2026

In Committee
01/13/2026

Crossed Over

Passed

Dead

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill requires the Department of Environmental Protection (DEP) and the New Jersey Infrastructure Bank (I-Bank) to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas. The DEP and the I-Bank finance the State's Water Bank program, which provides financing, in the form of low-interest loans, often with a certain amount of principal forgiveness, in support of wastewater and drinking water projects throughout the State.

AI Summary

This bill mandates that the Department of Environmental Protection (DEP) and the New Jersey Infrastructure Bank (I-Bank), which jointly manage the state's Water Bank program that offers low-interest loans and principal forgiveness for wastewater and drinking water projects, must prioritize municipalities located in coastal areas for principal forgiveness on their environmental infrastructure project loans. Principal forgiveness means that a portion of the loan amount does not need to be repaid. The bill defines "coastal area" by referencing an existing law, ensuring consistency in its application.

Committee Categories

Agriculture and Natural Resources

Sponsors (13)

Gregory Myhre (R)*, Brian Rumpf (R)*, Bob Auth (R), Robert Clifton (R), Dawn Fantasia (R), Vicky Flynn (R), Don Guardian (R), Michael Inganamort (R), Paul Kanitra (R), Sean Kean (R), Greg McGuckin (R), Alex Sauickie (R), Gerry Scharfenberger (R),

Last Action

Introduced, Referred to Assembly Environment and Solid Waste Committee (on 01/13/2026)

Official Document

https://www.njleg.state.nj.us/bill-search/2026/A1845

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.njleg.state.nj.us/bill-search/2026/A1845
BillText	https://pub.njleg.gov/Bills/2026/A2000/1845_I1.HTM

Bill	Bill Name	Last Action	Type
A5298	Requires DEP and New Jersey Infrastructure Bank to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas.	Introduced, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee	Carry Over
S1608	Requires DEP and New Jersey Infrastructure Bank to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas.	Introduced in the Senate, Referred to Senate Environment and Energy Committee	Same As
S4091	Requires DEP and New Jersey Infrastructure Bank to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas.	Introduced in the Senate, Referred to Senate Environment and Energy Committee	Carry Over

Bill > A1845

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (13)

Last Action

Official Document

bill text

bill summary

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bill summary