S 4220: Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2027.
S 4220 status: Introduced — Approved P.L.2026, c.36 (updated Jul 8, 2026).
What this bill does
Overall score
Bill summary
OfficialNew Jersey is deciding whether to let the state bank loan money for environmental projects—like fixing water pipes and sewer systems—in 2027. The plan is currently being reviewed by the Senate.
Key analysis
Impact analysis
Environment
Benefits
- Significantly upgrades water quality and wastewater treatment capacity
- Supports climate resilience through stormwater and flood mitigation
Risks
- Large-scale construction can cause localized temporary disruption
Economy
Benefits
- Major job creation through infrastructure construction projects
- Reduces long-term costs for municipalities through low-interest financing
Risks
- Requires significant state administrative oversight and management
Society
Benefits
- Improves public health through reliable, clean drinking water
- Provides critical support to local utility authorities serving broad populations
Risks
- Debt service on loans ultimately falls on local ratepayers
How trustworthy & consequential it is
Source
LegiScan
Confidence
highhigh
Analysis status
LegiScan full bill text
Continued monitoring of project cost overruns is necessary to protect public funds
Specific financial outcomes are dependent on individual project sponsor performance
Where it stands
Introduced
CurrentApproved P.L.2026, c.36.
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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