# New Jersey S4308: Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2027; makes appropriation.

New Jersey S4308, Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2027; makes appropriation., is a 221st Legislature (2026-2027) Senate bill sponsored by Patrick J. Diegnan Jr. (Democratic), Raj Mukherji (Democratic); status failed, last action 2026-06-18 (Substituted by A4961) (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/NJ-S4308-2026-2027
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey S4308
- State: New Jersey
- Session: 221st Legislature (2026-2027)
- Title: Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2027; makes appropriation.
- Status: failed
- Chamber: Senate
- Introduced: 2026-05-18
- Last action: 2026-06-18, Substituted by A4961
- Sponsors: Patrick J. Diegnan Jr. (Democratic), Raj Mukherji (Democratic)
- Cosponsors: 7
- Touches household money: no
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Patrick J. Diegnan Jr. (Democratic), Senate
- Sponsor: Raj Mukherji (Democratic), Senate
- Cosponsor: Anthony M. Bucco (Republican), Senate
- Cosponsor: Kristin M. Corrado (Republican), Senate
- Cosponsor: Owen Henry (Republican), Senate
- Cosponsor: James W. Holzapfel (Republican), Senate
- Cosponsor: Angela V. McKnight (Democratic), Senate
- Cosponsor: Declan J. O'Scanlon Jr. (Republican), Senate
- Cosponsor: Benjie E. Wimberly (Democratic), Senate

## Actions (3)

- 2026-06-18: Substituted by A4961 (Senate)
- 2026-06-01: Reported, 2nd Reading in Senate (Senate)
- 2026-05-18: Introduced, 1st Reading in Senate, Referred to Senate Transportation Committee (Senate)

## Bill text

- As Introduced, 2026-06-18: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_I1.PDF)
- Senate Transportation Substitute (6/1/26), 2026-06-02: [HTML](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_S1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_S1.PDF)

## Related bills

- S1395: Allows certain limited liability companies to terminate alternate names before end of five-year registration period. (signed)
- S4420: Authorizes regional rehabilitation and reentry center authority to determine county proportional share assessment for budget purposes. (signed)
- S4515: Authorizes dual employment by certain employees of Rutgers University and affiliated contracting entities.* (signed)
- S4413: Establishes School-based Partnerships for Access and Resilience for Kids program in DCF; requires school districts to develop mental health support and partner… (signed)
- S2962: Provides seniority service credit to educational support professionals for military service. (signed)
- A4072: Establishes minimum qualifications for persons employed on public works contract. (signed)

## Sources
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_I1.PDF)
- [Senate Transportation Substitute (6/1/26) (HTML)](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_S1.HTM)
- [Senate Transportation Substitute (6/1/26) (PDF)](https://pub.njleg.state.nj.us/Bills/2026/S4500/4308_S1.PDF)

## Related
- [S1395: Allows certain limited liability companies to terminate alternate names before…](https://policyrisk.com/state-bill/NJ-S1395-2026-2027)
- [S4420: Authorizes regional rehabilitation and reentry center authority to determine co…](https://policyrisk.com/state-bill/NJ-S4420-2026-2027)
- [S4515: Authorizes dual employment by certain employees of Rutgers University and affil…](https://policyrisk.com/state-bill/NJ-S4515-2026-2027)
- [S4413: Establishes School-based Partnerships for Access and Resilience for Kids progra…](https://policyrisk.com/state-bill/NJ-S4413-2026-2027)
- [S2962: Provides seniority service credit to educational support professionals for mili…](https://policyrisk.com/state-bill/NJ-S2962-2026-2027)
- [A4072: Establishes minimum qualifications for persons employed on public works contrac…](https://policyrisk.com/state-bill/NJ-A4072-2026-2027)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-S4308-2026-2027 (as of 2026-10-12).