Reforms the organizational structure for the Department of Transportation and Development including its duties, powers, and responsibilities of officers and employees (EG INCREASE GF EX See Note)
Capital investment spending authorized, bonds issued, and money appropriated.
Capital improvement appropriations provisions
Requires DEP and New Jersey Infrastructure Bank to provide priority for principal forgiveness on environmental infrastructure project loans to municipalities in coastal areas.
Requires DEP to prioritize funding for certain projects for acquisition of lands for recreation and conservation purposes and certain environmental infrastructure projects that include, or allow for, flood mitigation projects.
Makes various changes to powers and duties of NJ Infrastructure Bank.
Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2025.
Reforms operations for the Louisiana Department of Transportation and Development (EG INCREASE GF EX See Note)