Establishes green infrastructure financing program.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill establishes a green infrastructure financing program in New Jersey to make affordable and accessible green technology investments for electric and gas public utility customers. It aims to supplement Title 52 of the Revised Statutes and P.L. 1974, c. 80. The program will be administered by the New Jersey Economic Development Authority and will utilize loan program repayment funds to finance additional green infrastructure installations, ultimately supporting the state’s clean energy goals and reducing costs associated with green infrastructure projects.
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