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Bill > A1347


NJ A1347

NJ A1347
Amends lists of environmental infrastructure projects approved for long-term funding by DEP under FY2026 environmental infrastructure funding program.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
01/13/2026
Dead
Signed/Enacted/Adopted
01/13/2026

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill would amend P.L.2025, c.109 to revise the lists of environmental infrastructure projects for which the Legislature has appropriated funds to the Department of Environmental Protection (DEP) for State fiscal year 2026. In July 2025, P.L.2025, c.109 was enacted into law, which appropriated funds to the DEP for the purpose of financing approximately $2.4 billion in Storm Sandy and other environmental infrastructure projects through the New Jersey Infrastructure Bank (NJIB) in FY2026. This bill would amend the lists of environmental infrastructure projects for which the DEP is appropriated funds pursuant to P.L.2025, c.109 to include new projects, remove projects, modify the priority of certain projects, and modify the loan amounts for certain projects. As amended by the bill, P.L.2025, c.109 would appropriate to the DEP up to $2.69 billion, and any unexpended balances from previous authorizations, to provide loans to project sponsors for a total of 225 eligible environmental infrastructure projects for FY2026. This would include 142 projects on the "Storm Sandy and State Fiscal Year 2026 Clean Water Project Eligibility List" and 76 projects on the "Storm Sandy and State Fiscal Year 2026 Drinking Water Project Eligibility List."

AI Summary

This bill amends a previously enacted law (P.L.2025, c.109) that appropriated funds for environmental infrastructure projects, specifically those related to Storm Sandy recovery and general clean water and drinking water improvements, for the State fiscal year 2026. The Department of Environmental Protection (DEP) manages these funds, often through the New Jersey Infrastructure Bank (NJIB), to provide loans to project sponsors. The proposed changes involve updating the lists of approved projects, adding new projects, removing others, adjusting their priority, and modifying the loan amounts. The total funding available is increased from approximately $2.4 billion to up to $2.69 billion, plus any unspent funds from prior years, to support a total of 225 projects across two main categories: the "Storm Sandy and State Fiscal Year 2026 Clean Water Project Eligibility List" and the "Storm Sandy and State Fiscal Year 2026 Drinking Water Project Eligibility List." The bill also clarifies the terms and conditions for these loans, including provisions for zero-interest and principal-forgiveness loans, particularly for disadvantaged communities, and specifies how funds from various state and federal sources, such as the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund, can be utilized.

Committee Categories

Agriculture and Natural Resources

Sponsors (1)

Last Action

Withdrawn Because Approved P.L.2025, c.182. (on 01/13/2026)

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