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New JerseyS4220221st Legislature (2026-2027)SenateWALLET

Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2027.

Sponsored By: Carmen F. Amato Jr. (Republican), Roy Freiman (Democratic), Raj Mukherji (Democratic), Gabriel Rodriguez (Democratic), Nicholas P. Scutari (Democratic), Marisa Sweeney (Democratic)

Signed by Governor

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 2 benefits, 0 costs, 0 mixed.

More loans for New Jersey water projects

For state fiscal year 2027, the New Jersey Infrastructure Bank can lend local governments and public water utilities up to $3.85 billion. Unused prior authorizations and specified financing costs, earnings, fees, and separate state funding can increase that amount. Priority supplemental loans include $177.525 million for 12 clean-water projects and $70.84125 million for four drinking-water projects. Their estimated total financing is $236.7 million and $94.455 million, respectively. The broader lists cover 194 clean-water projects with about $1.95 billion in bank loans and $2.60 billion in total financing. Another 98-project list has about $679.78 million in bank loans and $906.38 million in total financing. Projects must qualify for the program, and funding depends on available money; individual loans can range from 0% to 100% of allowable amounts. The bank can use short-term loans, water trust funds, revolving funds, and separately funded zero-interest or principal-forgiveness loans. This financing may ease pressure on household water and sewer bills, but the law does not set local rates.

More drinking-water loan options in Pinelands

The law lets eligible Pinelands drinking-water projects borrow from the Pinelands Infrastructure Trust Fund. Until drinking-water financing rules are adopted, the fund uses its wastewater financing rules. Four listed Pinelands projects have estimated loans totaling about $15.34 million. Projects must qualify for this fund and follow its financing rules.

Sponsors & Cosponsors

Sponsors

  • Carmen F. Amato Jr.

    Republican • Senate

  • Roy Freiman

    Democratic • House

  • Raj Mukherji

    Democratic • Senate

  • Gabriel Rodriguez

    Democratic • House

  • Nicholas P. Scutari

    Democratic • Senate

  • Marisa Sweeney

    Democratic • House

Cosponsors

  • Jon M. Bramnick

    Republican • Senate

  • Katie Brennan

    Democratic • House

  • Anthony M. Bucco

    Republican • Senate

  • Clinton Calabrese

    Democratic • House

  • Kristin M. Corrado

    Republican • Senate

  • Owen Henry

    Republican • Senate

  • James W. Holzapfel

    Republican • Senate

  • Joseph Pennacchio

    Republican • Senate

  • Vincent J. Polistina

    Republican • Senate

  • William B. Sampson IV

    Democratic • House

  • Holly T. Schepisi

    Republican • Senate

  • Robert W. Singer

    Republican • Senate

  • Balvir Singh

    Democratic • House

  • Parker Space

    Republican • Senate

  • Douglas J. Steinhardt

    Republican • Senate

  • Michael L. Testa Jr.

    Republican • Senate

  • Latham Tiver

    Republican • Senate

  • Larry Wainstein

    Democratic • House

Roll Call Votes

All Roll Calls

Yes: 115 • No: 0

House vote • 6/11/2026

3RDG FINAL PASSAGE

Yes: 79 • No: 0

Senate vote • 5/28/2026

3RDG FINAL PASSAGE

Yes: 36 • No: 0

Actions Timeline

  1. Governor: APP

    7/8/2026Governor

  2. Approved by Governor — P.L.2026, c.36.

    7/8/2026Governor

  3. Passed Assembly, PBH — (79-0-0)

    6/11/2026House

  4. Substituted for A5192

    6/11/2026House

  5. Reported, 2nd Reading in Assembly

    6/8/2026House

  6. Reported, Referred to Assembly Appropriations Committee

    6/4/2026House

  7. Received in Assembly, Referred to Assembly Environment and Solid Waste Committee

    5/28/2026House

  8. Passed Senate — (36-0)

    5/28/2026Senate

  9. Reported, 2nd Reading in Senate

    5/18/2026Senate

  10. Introduced, 1st Reading in Senate, Referred to Senate Environment and Energy Committee

    5/11/2026Senate

Bill Text

  • Version AL2026

    9/17/2026

    HTMLPDF

  • As Introduced

    6/12/2026

    HTMLPDF

  • Assembly Appropriations Substitute (6/8/26)

    6/9/2026

    HTMLPDF

  • Assembly Environment and Solid Waste Substitute (6/4/26)

    6/5/2026

    HTMLPDF

  • Senate Environment and Energy Substitute (5/18/26)

    5/19/2026

    HTMLPDF

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