Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2027.
Approved by the Governor
Summary
The bill lets the New Jersey Infrastructure Bank spend designated funds to provide loans for environmental infrastructure projects during fiscal year 2027. It benefits entities such as municipalities, utilities, or private firms that need financing for projects like water treatment, renewable energy, or pollution control. The measure passed both houses unanimously and has been signed into law.
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