Read the full stored bill text
SCR135
SENATE CONCURRENT RESOLUTION No. 135
STATE OF NEW JERSEY
222nd LEGISLATURE
�
INTRODUCED MAY 11, 2026
Sponsored by:
Senator� NILSA I. CRUZ-PEREZ
District 5 (Camden and Gloucester)
Senator� CARMEN F. AMATO, JR.
District 9 (Ocean)
Assemblyman� LARRY WAINSTEIN
District 33 (Hudson)
Assemblyman� KENYATTA STEWART
District 35 (Bergen and Passaic)
Assemblyman� WILLIAM F. MOEN, JR.
District 5 (Camden and Gloucester)
Co-Sponsored by:
Assemblymen Calabrese, Singh, Rumpf and Myhre
SYNOPSIS
���� Approves FY2027 Financial Plan of NJ Infrastructure
Bank.
CURRENT VERSION OF TEXT
���� As introduced.
��
A
Concurrent Resolution
approving the
Fiscal Year 2027 Financial Plan of the New Jersey Infrastructure Bank.
Whereas,
The New Jersey Infrastructure Bank, a State financing authority established
pursuant to P.L.1985, c.334 (C.58:11B-1 et seq.), is authorized to make loans
to, and to guarantee debt incurred by, eligible program participants for the
construction of environmental infrastructure projects, including clean water,
drinking water, stormwater management, and nonpoint source pollution projects;
and
Whereas,
The New Jersey Infrastructure Bank is required, pursuant to sections 21 and 22
of P.L.1985, c.334 (C.58:11B-21 and C.58:11B-22), to submit to the Legislature
a financial plan designed to implement the financing of the clean water,
stormwater management, and nonpoint source pollution projects on the project
eligibility list developed by the Commissioner of Environmental Protection and
approved by the Legislature for funding during the forthcoming State Fiscal
Year; and
Whereas,
The New Jersey Infrastructure Bank is further required, pursuant to sections 25
and 26 of P.L.1997, c.224 (C.58:11B-21.1 and C.58:11B-22.1), to submit to the
Legislature a financial plan designed to implement the financing of the
drinking water supply projects on the project eligibility list developed by the
Commissioner of Environmental Protection and approved by the Legislature for
funding during the forthcoming State Fiscal Year; and
Whereas,
The New Jersey Infrastructure Bank is authorized, pursuant to section 27 of
P.L.1997, c.224 (C.58:11B-22.2), to submit to the Legislature a consolidated
financial plan designed to implement the financing of the clean water projects
on the project eligibility list developed pursuant to section 20 of P.L.1985,
c.334 (C.58:11B-20), and the drinking water projects on the project eligibility
list developed pursuant to section 24 of P.L.1997, c.224 (C.58:11B-20.1), and
approved by the Legislature for funding during the forthcoming State Fiscal
Year; now, therefore,
����
Be It
Resolved
by the Senate of the State of New
Jersey (the General Assembly concurring):
���� 1.��� The Fiscal Year 2027
Financial Plan of the New Jersey Infrastructure Bank, submitted to the
Secretary of the Senate and the Clerk of the General Assembly on or before May
15, 2026 in accordance with the requirements of sections 21 and 22 of P.L.1985,
c.334 (C.58:11B-21 and C.58:11B-22) and sections 25 through 27 of P.L.1997,
c.224 (C.58:11B-21.1, C.58:11B-22.1, and C.58:11B-22.2), is hereby approved.
STATEMENT
���� The passage of a concurrent
resolution by each House is the means for the Legislature's approval of the
Fiscal Year 2027 Financial Plan of the New Jersey Infrastructure Bank.� The
consolidated Financial Plan is required by law to be submitted to the Secretary
of the Senate and the Clerk of the General Assembly on or before May 15, 2026
to implement financing of clean water and drinking water projects on the
eligibility lists developed by the Department of Environmental Protection.