Approves FY2026 Financial Plan of NJ Infrastructure Bank.
SCR 131 is a concurrent resolution approving the New Jersey Infrastructure Bank's Fiscal Year 2026 Financial Plan. The bill does not create new policy but formally endorses the bank’s submitted plan for financing eligible environmental projects, including clean water, drinking water, stormwater management, and pollution control initiatives. This approval is required by state law annually to authorize the bank to fund projects on the approved list developed by the Environmental Protection Department. The resolution affects the Infrastructure Bank directly, enabling it to proceed with its planned financing for public infrastructure projects.
Bill status
passed both
4 of 5 stages cleared
Introduction
May 2025
Committee Review
Jun 2025
Senate Passage
Jun 2025
General Assembly Passage
Jun 2025
Governor
Introduced May 19, 2025
Last action Jun 30, 2025
Floor votes · Senate Jun 30, 2025 · General Assembly Jun 30, 2025
How they voted
39–0
Passed · 1 other
Total votes 40
Jun 30, 2025
D
Democratic25
100% Yea
R
Republican15
93% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
3
Committee
1
Jun 30, 2025
Introduced
Filed with Secretary of State
upper
Jun 30, 2025
Lower · Passed
Passed Assembly (79-0-1)
lower
Jun 30, 2025
Upper · Passed
Passed Senate (39-0)
upper
Jun 9, 2025
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
May 19, 2025
Introduced
Introduced in the Senate, Referred to Senate Budget and Appropriations Committee
upper
5 primary · 0 co-sponsors
Sponsors
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