"Flood Control, Mitigation, and Prevention Bond Act"; authorizes bonds for up to $2 billion and appropriates $5,000.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill authorizes the state of New Jersey to issue up to $2 billion in bonds to fund flood control, mitigation, and prevention projects. It also allocates $5,000 for administrative costs. The bill highlights the state’s history of severe flooding events and recommends various construction projects, including elevation of homes, improvements to flood gate systems, and potential river basin engineering projects. Funding from the bonds will be used to support both state and local flood management initiatives, aiming to bolster employment and the economy.
Bill text
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Document of record
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Sponsors
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1 on record
Primary sponsor
Joseph Pennacchio
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