Makes various changes to New Jersey Infrastructure Bank's enabling act.
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill modifies the New Jersey Infrastructure Bank’s enabling act to provide greater clarity and flexibility in its operations. It defines ‘cross-investment,’ which refers to the I-Bank investing in its own financing programs, and clarifies that the bank’s debt limit is based on current outstanding debt, not cumulative debt. The bill also expands the types of projects the I-Bank can support to include wastewater, water supply, and onsite wastewater treatment, broadening its lending authority beyond just loans.
Bill text
Read the latest version inline or switch to a previous version.
Document of record
- Version
- Substitute
- Published
- Not published in the source record
This version is published only as a document. Open the viewer to read it here, or download the file.
Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsors
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours