Bill Text: NJ A4749 | 2018-2019 | Regular Session | Amended


Bill Title: Amends list of environmental infrastructure projects approved for long-term funding for FY2019 to include new projects and remove certain projects.

Spectrum: Moderate Partisan Bill (Republican 16-4)

Status: (Introduced) 2018-12-17 - Substituted by S3186 (1R) [A4749 Detail]

Download: New_Jersey-2018-A4749-Amended.html

[First Reprint]

ASSEMBLY, No. 4749

STATE OF NEW JERSEY

218th LEGISLATURE

 

INTRODUCED DECEMBER 3, 2018

 


 

Sponsored by:

Assemblyman  RAJ MUKHERJI

District 33 (Hudson)

Assemblywoman  ANGELA V. MCKNIGHT

District 31 (Hudson)

Assemblyman  GARY S. SCHAER

District 36 (Bergen and Passaic)

 

 

 

 

SYNOPSIS

     Amends list of environmental infrastructure projects approved for long-term funding for FY2019 to include new projects and remove certain projects. 

 

CURRENT VERSION OF TEXT

     As reported by the Assembly Environment and Solid Waste Committee on December 6, 2018, with amendments.

  


An Act concerning the financing of environmental infrastructure projects in Fiscal Year 2019 and amending P.L.2018, c.85.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Section 1 of P.L.2018, c.85 is amended to read as follows:

     1.    a.   (1)   There is appropriated to the Department of Environmental Protection from the "Clean Water State Revolving Fund" established pursuant to section 1 of P.L.2009, c.77, an amount equal to the federal fiscal year 2018 capitalization grant made available to the State for clean water project loans pursuant to the "Water Quality Act of 1987" (33 U.S.C. s.1251 et seq.), and any amendatory and supplementary acts thereto (hereinafter referred to as the "Federal Clean Water Act").

     (2)   There is appropriated to the Department of Environmental Protection from the "Interim Environmental Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to subsection d. of section 9 of P.L.1985, c.334 (C.58:11B-9) such amounts as may be necessary to supplement the sums appropriated from the Clean Water State Revolving Fund for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (3)   There is appropriated to the Department of Environmental Protection from the "Disaster Relief Emergency Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to section 1 of P.L.2013, c.93 (C.58:11B-9.5) such amounts as may be necessary to supplement the sums appropriated from the Clean Water State Revolving Fund for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (4)   There is appropriated to the Department of Environmental Protection from the "Drinking Water State Revolving Fund" established pursuant to section 1 of P.L.1998, c.84 an amount equal to the federal fiscal year 2018 capitalization grant made available to the State for drinking water projects pursuant to the "Safe Drinking Water Act Amendments of 1996," Pub.L.104-182, and any amendatory and supplementary acts thereto (hereinafter referred to as the "Federal Safe Drinking Water Act").

     The Department of Environmental Protection is authorized to transfer from the Clean Water State Revolving Fund to the Drinking Water State Revolving Fund an amount up to the maximum amount authorized to be transferred pursuant to the Federal Safe Drinking Water Act to meet present and future needs for the financing of eligible drinking water projects, and an amount equal to that maximum amount is hereby appropriated to the department for those purposes.

     The Department of Environmental Protection is authorized to transfer from the Drinking Water State Revolving Fund to the Clean Water State Revolving Fund an amount up to the maximum amount authorized to be transferred pursuant to the Federal Clean Water Act to meet present and future needs for the financing of eligible clean water projects, and an amount equal to that maximum amount is hereby appropriated to the department for those purposes.

     (5)   There is appropriated to the Department of Environmental Protection the unappropriated balances from the Clean Water State Revolving Fund, including the balances from the Federal Disaster Relief Appropriations Act, and any repayments of loans and interest therefrom, for the purposes of clean water project loans and providing the State match as available on or before June 30, 2019, as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (6)   There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Wastewater Treatment Fund" established pursuant to section 15 of the "Wastewater Treatment Bond Act of 1985" (P.L.1985, c.329), and any repayments of loans and interest therefrom, as available on or before June 30, 2019, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (7)   There is appropriated to the Department of Environmental Protection the unappropriated balances from the "1992 Wastewater Treatment Fund" established pursuant to section 27 of the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992" (P.L.1992, c.88), and any repayments of loans and interest therefrom, as available on or before June 30, 2019, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (8)   There is appropriated to the Department of Environmental Protection the unappropriated balances from the "2003 Water Resources and Wastewater Treatment Fund" established pursuant to subsection a. of section 19 of the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003" (P.L.2003, c.162), and any repayments of loans and interest therefrom, as available on or before June 30, 2019, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (9)   There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Pinelands Infrastructure Trust Fund" established pursuant to section 14 of the "Pinelands Infrastructure Trust Bond Act of 1985" (P.L.1985, c.302), and any repayments of loans and interest therefrom, as available on or before June 30, 2019, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (10)    There is appropriated to the Department of Environmental Protection the unappropriated balances from the "Stormwater Management and Combined Sewer Overflow Abatement Fund," established pursuant to the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), and any repayments of loans and interest therefrom, as available on or before June 30, 2019, for the purposes of clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (11)    There is appropriated to the Department of Environmental Protection the unappropriated balances from the Drinking Water State Revolving Fund, including the balances from the Disaster Relief Appropriations Act of 2013, for the purposes of drinking water project loans and any repayments of loans and interest therefrom, that are or may become available on or before June 30, 2019.

     (12)    There is appropriated to the Department of Environmental Protection such sums as may be needed from loan repayments and interest earnings from the "Water Supply Fund" established pursuant to section 14 of the "Water Supply Bond Act of 1981" (P.L.1981, c.261) for the "Drinking Water State Revolving Fund Match Accounts" contained within that fund for the purpose of providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.

     (13)    There is appropriated to the Department of Environmental Protection from the "Interim Environmental Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to subsection d. of section 9 of P.L.1985, c.334 (C.58:11B-9) such amounts as may be or become available on or before June 30, 2019, and any repayments of loans and interest therefrom, as may be necessary to supplement the sums appropriated from the Drinking Water State Revolving Fund for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Safe Drinking Water Act.

     (14)    There is appropriated to the Department of Environmental Protection from the "Disaster Relief Emergency Financing Program Fund" created and established by the New Jersey Infrastructure Bank pursuant to section 1 of P.L.2013, c.93 (C.58:11B-9.5) such amounts as may be necessary to supplement the sums appropriated from the Drinking Water State Revolving Fund for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.

     (15)    There is appropriated to the Department of Environmental Protection such sums as may be received by the Department of Community Affairs as the grantee from the United States Department of Housing and Urban Development Community Development Block Grant - Disaster Recovery Program (CDBG-DR), as anticipated and upon availability on or before June 30, 2019, for the purposes of CDBG-DR eligible clean water and drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act and drinking water projects pursuant to the Federal Safe Drinking Water Act, respectively.

     (16)    There is appropriated to the Department of Environmental Protection such sums as may be or become available on or before June 30, 2019, as repayments of drinking water project loans and any interest therefrom from the "Water Supply Fund" established pursuant to section 14 of the "Water Supply Bond Act of 1981" (P.L.1981, c.261) for the purposes of drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.

     (17)   Of the sums appropriated to the Department of Environmental Protection from the "Water Supply Fund" pursuant to P.L.1999, c.174, P.L.2001, c.222, P.L.2002, c.70 and P.L.2003, c.158, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2019, in such amounts as needed to the Drinking Water State Revolving Fund accounts contained within the Water Supply Fund established for the purposes of providing drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.

     (18)   Of the sums appropriated to the Department of Environmental Protection from the "1992 Wastewater Treatment Fund" pursuant to P.L.1996, c.85, P.L.1997, c.221, P.L.1998, c.84, P.L.1999, c.174, P.L.2000, c.92, P.L.2001, c.222 and P.L.2002, c.70, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2019, in such amounts as needed to the Clean Water State Revolving Fund accounts contained within the 1992 Wastewater Treatment Fund for the purposes of providing clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (19)   Of the sums appropriated to the Department of Environmental Protection from the "2003 Water Resources and Wastewater Treatment Fund" pursuant to P.L.2004, c.109, and P.L.2007, c.139, the department is authorized to transfer any unexpended balances and any repayments of loans and interest therefrom as may be or become available on or before June 30, 2019, in such amounts as needed to the Clean Water State Revolving Fund accounts contained within the 2003 Water Resources and Wastewater Treatment Fund for the purposes of providing clean water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act.

     (20)   There is appropriated to the Department of Environmental Protection the sums deposited by the New Jersey Infrastructure Bank into the Clean Water State Revolving Fund, the "Wastewater Treatment Fund," the "1992 Wastewater Treatment Fund," the "Water Supply Fund," the "Stormwater Management and Combined Sewer Overflow Abatement Fund," established pursuant to the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), the "2003 Water Resources and Wastewater Treatment Fund" and the Drinking Water State Revolving Fund, as appropriate, pursuant to paragraph (6) of subsection c. of section 1 of P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), as available on or before June 30, 2019, for the purposes of providing clean water project loans and drinking water project loans and providing the State match as required or will be required for the award of the capitalization grants made available to the State for clean water projects pursuant to the Federal Clean Water Act and drinking water projects pursuant to the Federal Safe Drinking Water Act.

     Any such amounts shall be for the purpose of making zero interest and principal forgiveness financing loans, to the extent sufficient funds are available, to or on behalf of local government units or public water utilities (hereinafter referred to as "project sponsors") to finance a portion of the cost of construction of clean water projects and drinking water projects listed in sections 2 and 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), and for the purpose of implementing and administering the provisions of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), to the extent permitted by the Federal Disaster Relief Appropriations Act, the Federal Clean Water Act, and any amendatory and supplementary acts thereto, P.L.2009, c.77, the "Wastewater Treatment Bond Act of 1985" (P.L.1985, c.329), the "Water Supply Bond Act of 1981" (P.L.1981, c.261), the "Stormwater Management and Combined Sewer Overflow Abatement Bond Act of 1989" (P.L.1989, c.181), the "Green Acres, Clean Water, Farmland and Historic Preservation Bond Act of 1992" (P.L.1992, c.88), the "Dam, Lake, Stream, Flood Control, Water Resources, and Wastewater Treatment Project Bond Act of 2003" (P.L.2003, c.162), the Federal Safe Drinking Water Act, and any amendatory and supplementary acts thereto, and State law.

     b.    The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in subsection a. of section 2 and subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for clean water projects, up to the individual amounts indicated and in the priority stated, to the extent there are sufficient eligible project applications, and except that any such amounts may be reduced if a project fails to meet the requirements of section 4 or 5 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), or by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), provided:

     (1)   a maximum of $3 million, as well as any unallocated funds unspent at the end of State fiscal year 2018 from $10 million reserved in State fiscal year 2018 for Barnegat Bay Watershed projects, in principal forgiveness loans shall be issued to finance Barnegat Bay Watershed environmental infrastructure projects as provided in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), wherein principal forgiveness shall be a minimum of 25 percent of the fund loan amount per project sponsor in an amount not to exceed $2 million of principal forgiveness per project sponsor;

     (2)   a maximum of $30 million shall be issued to finance clean water redevelopment projects as provided in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill);

     (3)   to the extent funds are available from funds appropriated but not allocated in State fiscal year 2018 from $30 million reserved in State fiscal year 2018 for combined sewer overflow projects, principal forgiveness loans shall be issued as provided in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), to communities in combined sewer overflow sewersheds sponsoring construction projects that reduce or eliminate excessive infiltration/inflow or extraneous flows wherein principal forgiveness loans shall not exceed $5 million per borrower subject to the availability of funds wherein 50 percent of the principal of the fund loan shall be forgiven, 25 percent of the loan shall be a zero interest rate fund loan, and 25 percent of the loan shall be a trust market rate loan.  A 100 percent DEP interest-free loan will be issued to borrowers for amounts in excess of the cap;

     (4)   a maximum of $6 million, as well as any appropriated but unallocated funds designated in State fiscal year 2018 for combined sewer overflow projects, in principal forgiveness loans shall be issued as provided in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for combined sewer overflow abatement projects, including projects that use practices that restore natural hydrology through infiltration, evapotranspiration, or the usage or harvesting of stormwater, wherein principal forgiveness loans shall not exceed $2 million per borrower subject to the availability of funds, and wherein 50 percent of the principal of the fund loan shall be forgiven, 25 percent of the loan shall be a zero interest rate fund loan, and 25 percent of the loan shall be a trust market rate loan subject to the availability of funds.  A 100 percent DEP interest-free loan will be issued to borrowers for amounts in excess of the cap;

     (5)   to the extent funds are available, a maximum of $1 million in principal forgiveness loans shall be issued to finance clean water environmental infrastructure projects as provided in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for systems serving populations of up to 10,000 residents for the development of asset management plans wherein principal forgiveness shall be 100 percent of the fund loan amount per project in an amount not to exceed $100,000 per project sponsor subject to the availability of funds; and

     (6)   those projects listed in subsection a. of section 2 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), and subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), that were previously identified in P.L.2017, c.143, as amended by P.L.2017, c.326, are granted continued priority status and shall be subject to the provisions of P.L.2017, c.143, as amended by P.L.2017, c.326 provided such projects receive short-term funding prior to June 30, 2019.

     c.     The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in subsection b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for drinking water projects, up to the individual amounts indicated and in the priority stated, provided:

     (1)   a maximum of 30 percent of the 2018 Drinking Water State Revolving Fund capitalization grant not to exceed $5 million may be issued as provided in subsection b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for drinking water systems, as follows:

     (a)   up to $4 million of Drinking Water State Revolving Fund loans shall be available for drinking water systems serving populations of up to 10,000 residents wherein principal forgiveness shall not exceed $500,000 in the aggregate and shall not exceed 50 percent of the total loan amount per project sponsor in an amount not to exceed $1 million per project sponsor.

     Loans for drinking water systems serving 500 or fewer residents shall be given the highest priority, followed by systems serving between 501 to 10,000 residents;

     (b)   a maximum of $1 million in principal forgiveness loans shall be issued to drinking water systems serving populations of up to 10,000 residents for the development of asset management plans wherein principal forgiveness shall be 100 percent of the fund loan amount per project in an amount not to exceed $100,000 per project sponsor subject to the availability of funds; and

     (c)   a maximum of $30 million of principal forgiveness for drinking water systems serving communities with a median household income less than the median household income for the county in which they are located for lead line replacement wherein principal forgiveness shall not exceed $1 million of principal forgiveness per water system project.

     Loans may be made pursuant to this subsection to the extent there are sufficient eligible project applications and as required or will be required for the award of the capitalization grants made available to the State for drinking water projects pursuant to the Federal Safe Drinking Water Act.  Any such amounts may be reduced by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), or if a project fails to meet the requirements of section 4 or 5 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill).   

     (2)   Those projects listed in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), and subsection b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), that were previously identified in P.L.2017, c.143, as amended by P.L.2017, c.326, are granted continued priority status and shall be subject to the provisions of P.L.2017, c.143, as amended by P.L.2017, c.326, provided such projects receive short-term funding prior to June 30, [2018] 2019.

     d.    The department is authorized to make zero interest and principal forgiveness financing loans to or on behalf of the project sponsors for the environmental infrastructure projects listed in sections 2 and 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), under the same terms, conditions and requirements as set forth in this section from any unexpended balances of the amounts appropriated pursuant to section 1 of P.L.1987, c.200, section 2 of P.L.1988, c.133, section 1 of P.L.1989, c.189, section 1 of P.L.1990, c.99, section 1 of P.L.1991, c.325, section 1 of P.L.1992, c.38, section 1 of P.L.1993, c.193, section 1 of P.L.1994, c.106, section 1 of P.L.1995, c.219, section 1 of P.L.1996, c.85, section 1 of P.L.1997, c.221, section 2 of P.L.1998, c.84, section 2 of P.L.1999, c.174, section 2 of P.L.2000, c.92, sections 1 and 2 of P.L.2001, c.222, sections 1 and 2 of P.L.2002, c.70, sections 1 and 2 of P.L.2003, c.158, sections 1 and 2 of P.L.2004, c.109, sections 1 and 2 of P.L.2005, c.196, sections 1 and 2 of P.L.2006, c.68, sections 1 and 2 of P.L.2007, c.139, sections 1 and 2 of P.L.2008, c.68, sections 1 and 2 of P.L.2009, c.102, sections 1 and 2 of P.L.2010, c.63, sections 1 and 2 of P.L.2011, c.93, sections 1 and 2 of P.L.2012, c.43, sections 1 and 2 of P.L.2013, c.95, sections 1 and 2 of P.L.2014, c.25, sections 1 and 2 of P.L.2015, c.108, [and] sections 1 and 2 of P.L.2016, c.32, as amended by P.L.2017, c.14, [and] sections 1 and 2 of P.L.2017, c.143, as amended by P.L.2017, c.326, and sections 1 and 2 of P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), including amounts resulting from the low bid and final building cost reductions authorized pursuant to section 6 of P.L.1987, c.200, section 7 of P.L.1988, c.133, section 6 of P.L.1989, c.189, section 6 of P.L.1990, c.99, section 6 of P.L.1991, c.325, section 6 of P.L.1992, c.38, section 6 of P.L.1993, c.193, section 6 of P.L.1994, c.106, section 6 of P.L.1995, c.219, section 6 of P.L.1996, c.85, section 6 of P.L.1997, c.221, section 7 of P.L.1998, c.84, section 6 of P.L.1999, c.174, section 6 of P.L.2000, c.92, section 6 of P.L.2001, c.222, section 6 of P.L.2002, c.70, section 6 of P.L.2003, c.158, section 6 of P.L.2004, c.109, section 6 of P.L.2005, c.196, section 6 of P.L.2006, c.68, section 6 of P.L.2007, c.139, section 6 of P.L.2008, c.68, section 7 of P.L.2009, c.102, section 6 of P.L.2010, c.63, section 6 of P.L.2011, c.93, section 6 of P.L.2012, c.43, section 6 of P.L.2013, c.95, section [6] 7 of P.L.2014, c.25, section [6] 7 of P.L.2015, c.108, [and] section [6] 7 of P.L.2016, c.32, as amended by P.L.2017, c.14, [and] section [6] 7 of P.L.2017, c.143 as amended by P.L.2017, c.326, and section 7 of P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), and from any repayments of loans and interest from the Clean Water State Revolving Fund, the "Wastewater Treatment Fund," the "Water Supply Fund," the "1992 Wastewater Treatment Fund," the "2003 Water Resources and Wastewater Treatment Fund," and amounts deposited therein during State fiscal year 2017 and State fiscal year 2018 pursuant to the provisions of section 16 of P.L.1985, c.329, and section 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, including any Clean Water State Revolving Fund Accounts contained within the "Wastewater Treatment Fund," and from any repayment of loans and interest from the Drinking Water State Revolving Fund.

     e.     The department is authorized to make zero interest and principal forgiveness Sandy financing loans to or on behalf of the project sponsors for the Sandy environmental infrastructure projects listed in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for clean water projects and subsection b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), for drinking water projects, in a manner consistent with the Federal Disaster Relief Appropriations Act, up to the individual amounts indicated, except that any such amount may be reduced by the Commissioner of Environmental Protection pursuant to section 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), or if a project fails to meet the requirements of section 4, 5, or 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), provided a maximum of $300 million shall be provided for Sandy financing loans for clean water and drinking water projects to provide financial assistance to communities affected by the Storm Sandy, and for projects whose purpose is to reduce flood damage risk and vulnerability or to enhance resiliency to rapid hydrologic change or a natural disaster.   

     f.     For the purposes of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill):

     "Base financing" means zero interest loans provided by the Department of Environmental Protection from moneys made available for the purposes of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), from any source other than funds received pursuant to the Federal Disaster Relief Appropriations Act, related State matching funds, and interest earned thereon.

     "Federal Disaster Relief Appropriations Act" means the "Disaster Relief Appropriations of 2013" (Pub.L.113-2), and any amendatory and supplementary acts thereto.

     "Sandy financing" or "Sandy funding" means grants, zero interest loans or principal forgiveness loans provided by the Department of Environmental Protection from funds made available to the State for clean water projects, clean water project match, drinking water projects or drinking water project match pursuant to the Federal Disaster Relief Appropriations Act.

(cf:  P.L.2018, c.85, s.1)

 

     2.    Section 2 of P.L.2018, c.85 is amended to read as follows:

     2.    a.    (1)    The department is authorized to expend funds for the purpose of making supplemental zero interest loans to or on behalf of the project sponsors listed below for the following clean water environmental infrastructure projects:

 

 

 

Project Sponsor

 

Project Number

 

Estimated Allowable DEP Loan Amount

 

Estimated Total Allowable Loan Amount

Burlington Township

S340712-14-1

$150,000

$200,000

[Manasquan Borough

S340450-01-1

$1,582,500

$2,110,000

Mendham Township

S340477-01-1

$1,615,500

$2,154,000]

North Hudson SA

S340952-19-1

$525,000

$700,000

Warren Township SA

S340964-02-1

$262,500

$350,000

Total Projects: [5] 3

 

[$4,135,500]

$937,500

[$5,514,000]

$1,250,000

 

     (2)   The loans authorized in this subsection shall be made for the difference between the allowable loan amounts required by these projects based upon final building costs pursuant to section 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), and the loan amounts certified by the Commissioner of Environmental Protection in State fiscal years 2016, 2017, and 2018 and for increased allowable costs as defined and determined in accordance with the rules and regulations adopted by the department pursuant to section 4 of P.L.1985, c.329. The loans authorized in this subsection shall be made to or on behalf of the project sponsors listed, up to the individual amounts indicated and in the priority stated, to the extent sufficient funds are available, except as a project fails to meet the requirements of section 4, 5, or 7 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill).

     (3)   The zero interest loans for the projects authorized in this subsection shall have priority over projects listed in subsection a. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill).

     b.    The Department of Environmental Protection is authorized to adjust the allowable Department of Environmental Protection loan amount for projects authorized in this section to between 25 percent and 75 percent of the total allowable loan amount.

(cf:  P.L.2018, c.85, s.2)

 

     1[3.  Section 3 of P.L.2018, c.85 is amended to read as follows:

     3.    a.  The following environmental infrastructure projects shall be known and may be cited as the "Storm Sandy and State Fiscal Year 2019 Clean Water Project Eligibility List":

 

 

 

 

Project Sponsor

 

 

 

Project Number

 

Estimated Allowable DEP Loan Amount

 

Estimated Total Allowable Loan Amount

Aberdeen Township

S340869-02

$6,750,000

$9,000,000

[Atlantic County UA

S340809-23

$11,040,000

$11,040,000]

Atlantic County UA

S340809-24

$600,000

$800,000

Atlantic County UA

S340809-25

$17,520,000

$17,520,000

[Atlantic County UA

S340809-26

$1,500,000

$1,500,000]

Atlantic County UA

S340809-28

$3,075,000

$4,100,000

[Bayshore RSA

S340697-05

$9,750,000

$13,000,000]

Bayshore RSA

S340697-06

$11,325,000

$15,100,000

Bradley Beach Borough

S340472-01

$2,025,000

$2,700,000

Bradley Beach Borough

S340472-02

$1,942,538

$2,590,050

Burlington City

S340140-01

$1,275,000

$1,700,000

Burlington Township

S340712-16

$720,000

$960,000

Camden City

S340366-16

$1,350,000

$1,800,000

Camden County MUA

S340640-17

$2,625,000

$3,500,000

[Carteret Borough

S340939-09

$11,257,500

$15,010,000]

Cinnaminson SA

S340170-08

$870,000

$1,160,000

Elizabeth City

S340942-19

$5,775,000

$7,700,000

Franklin Township SA

S34-0839-07

$1,470,000

$1,960,000

Glen Ridge

Borough

S340861-03

$334,387

$445,849

Gloucester City

S340958-08

$1,575,000

$2,100,000

Gloucester County Improvement Authority

S342016-03

$10,419,930

$13,893,240

Gloucester County UA

S340902-14

$33,750,000

$45,000,000

[Gloucester County UA

S340902-16

$1,575,000

$2,100,000

Hightstown Borough

S340915-05

$1,050,000

$1,400,000]

Gloucester Township

S340364-15

$1,087,500

$1,450,000

Hoboken City

S340635-07

$3,750,000

$5,000,000

Howell Township

S344040-02

$11,010,000

$14,680,000

Jersey City

S340928-30

$2,033,250

$2,711,000

Jersey City MUA

S340928-15

$30,750,000

$41,000,000

Jersey City MUA

S340928-19

$5,625,000

$7,500,000

Jersey City MUA

S340928-20

$5,400,000

$7,200,000

Jersey City MUA

S340928-22

$562,500

$750,000

Jersey City MUA

S340928-28

$2,025,000

$2,700,000

Kearny MUA

S340259-07

$4,875,000

$6,500,000

[Little Egg Harbor MUA

S340579-02

$3,187,500

$4,250,000]

Little Egg Harbor Township

S344060-02

$3,187,500

$4,250,000

Manasquan River RSA

S340911-03

$495,000

$660,000

[Mendham Township

S340477-01

$1,875,000

$2,500,000

Millville City

S340921-07

$9,000,000

$12,000,000]

Manchester Township

S340650-08

$2,250,000

$3,000,000

Middlesex Borough

S340698-02

$1,926,563

$2,568,750

Middlesex County UA

S340699-13

$26,406,467

$35,208,623

Montclair Township

S340837-04

$1,275,000

$1,700,000

Montclair Township

S340837-03

$1,275,000

$1,700,000

Newark City

S340815-22

$7,875,000

$10,500,000

North Bergen MUA

S340652-14

$17,250,000

$23,000,000

North Hudson SA

S340952-22

$13,500,000

$18,000,000

North Hudson SA

S340952-23

$2,325,000

$3,100,000

North Hudson SA

S340952-28

$1,275,000

$1,700,000

Northwest Bergen County UA

S340700-13

$3,900,000

$5,200,000

Northwest Bergen County UA

S340700-15

$5,250,000

$7,000,000

Northwest Bergen County UA

S340700-16

$3,288,750

$4,385,000

Northwest Bergen County UA

S340700-18

$1,500,000

$2,000,000

Ocean County

S344080-09

$975,000

$1,300,000

Ocean County

S344080-10

$187,500

$250,000

Ocean County

S344080-11

$262,500

$350,000

Ocean County UA

S340372-58

$3,323,250

$4,431,000

Ocean County UA

S340372-59

$5,217,440

$6,956,586

Ocean Township SA

S340750-13

$412,500

$550,000

Ocean Township SA

S340750-14

$1,875,000

$2,500,000

Ocean Township SA

S340750-12

$3,075,000

$4,100,000

Old Bridge MUA

S340945-14

$2,467,500

$3,290,000

Passaic Valley SC

S340689-25

$6,825,000

$9,100,000

Passaic Valley SC

S340689-30

$2,775,000

$3,700,000

Passaic Valley SC

S340689-31

$3,000,000

$4,000,000

Passaic Valley SC

S340689-32

$7,500,000

$10,000,000

Passaic Valley SC

S340689-34

$2,175,000

$2,900,000

Passaic Valley SC

S340689-38

$15,750,000

$21,000,000

Passaic Valley SC

S340689-39

$3,612,000

$4,816,000

Passaic Valley SC

S345200-02

$1,500,000

$2,000,000

Paulsboro Borough

S340164-01

$2,062,500

$2,750,000

Perth Amboy City

S340435-11

$4,844,513

$6,459,351

Perth Amboy City

S340435-13

$637,500

$850,000

Perth Amboy City

S340435-18

$1,327,500

$1,770,000

Plumsted Township

S340607-03

$20,250,000

$27,000,000

Point Pleasant Beach Borough

S344190-02

$2,250,000

$3,000,000

Rahway Valley SA

S340547-15

$1,941,389

$2,588,518

Rahway Valley SA

S340547-14

$7,125,000

$9,500,000

Raritan Township MUA

S340485-12

$3,262,500

$4,350,000

Riverdale Borough

S340729-02

$217,342

$289,789

Riverside SA

S340490-01

$630,000

$840,000

Rockaway Valley RSA

S340821-06

$6,000,000

$8,000,000

Rockaway Valley RSA

S340821-07

$6,150,000

$8,200,000

Rockaway Valley RSA

S340821-09

$1,650,000

$2,200,000

Roxbury Township

S340381-07

$5,625,000

$7,500,000

Ship Bottom Borough

S340311-03

$3,525,000

$4,700,000

Somerset Raritan Valley SA

S340801-08

$12,375,000

$16,500,000

Somerville Borough

S342013-01

$8,625,000

$11,500,000

Stafford Township

S344100-03

$4,200,000

$5,600,000

Stony Brook RSA

S340400-10

$3,825,000

$5,100,000

[Sussex County MUA

S342008-05

$9,750,000

$13,000,000

Ventnor City

S340667-03

$1,500,000

$2,000,000]

Tuckerton Borough

S340034-03

$1,053,905

$1,405,206

West Deptford Township

S340947-05

$1,061,250

$1,415,000

Western Monmouth UA

S340128-06

$9,075,000

$12,100,000

Total Projects: [70] 84

 

[$389,100,418]

$432,145,474

[$508,780,557]

$570,353,962

 

     b.    The following environmental infrastructure projects shall be known and may be cited as the "Storm Sandy and State Fiscal Year 2019 Drinking Water Project Eligibility List":

 

 

Project Sponsor

 

Project No.

 

Estimated Allowable DEP Loan Amount

Estimated Total Allowable Loan Amount

Aberdeen Township

1330004-001

$2,925,000

$3,900,000

Bellmawr Borough

0404001-006

$1,725,000

$2,300,000

Berkeley Township MUA

1505004-009

$1,650,000

$2,200,000

[Berkeley Township MUA

1505004-007

$525,000

$700,000]

Bordentown City

0303001-008

$1,650,000

$2,200,000

Brick Township MUA

1506001-012

$4,065,000

$5,420,000

[Cape May City

0502001-004

$1,650,000

$2,200,000

Clinton Town

1005001-008

$1,125,000

$1,500,000

Clinton Town

1005001-009

$900,000

$1,200,000

Elmer Borough

1702001-001

$600,000

$800,000]

Brick Township MUA

1506001-009

$4,446,570

$5,928,760

Brick Township MUA

1506001-010

$870,000

$1,160,000

Gloucester City

0414001-022

$900,000

$1,200,000

Hampton Borough

1013001-001

$1,350,000

$1,800,000

Hightstown Borough

1104001-010

$1,331,759

$1,775,678

Hoboken City

0905001-001

$6,375,000

$8,500,000

Jackson Township MUA

1511001-012

$8,250,000

$11,000,000

Jackson Township MUA

1511001-013

$15,000,000

$20,000,000

Jackson Township MUA

1511001-010

$6,150,000

$8,200,000

[Lavallette Borough

1515001-001

$998,250

$1,331,000

Little Egg Harbor MUA

1516001-004

$2,250,000

$3,000,000]

Jackson Township MUA

1511001-011

$1,200,000

$1,600,000

Jersey City MUA

0906001-015

$2,691,950

$3,589,266

Jersey City MUA

0906001-019

$4,545,000

$6,060,000

Lakewood Township MUA

1514002-003

$1,080,000

$1,440,000

Little Egg Harbor MUA

1516001-500

$750,000

$1,000,000

Long Beach Township

1517001-501

$1,725,000

$2,300,000

Long Beach

Township

1517001-502

$8,625,000

$11,500,000

Lower Township MUA

0505002-003

$5,192,555

$6,923,406

Manchester Township

1518005-002

$4,125,000

$5,500,000

Mantua Township MUA

0810004-002

$1,350,000

$1,800,000

Mantua Township MUA

0810004-003

$1,050,000

$1,400,000

[Maple Shade Township

0319001-006

$1,950,000

$2,600,000

Middlesex Water Company

1225001-026

$9,750,000

$13,000,000]

Middlesex Water

Company

1225001-028

$8,400,000

$11,200,000

Milltown Borough

1212001-005

$1,350,000

$1,800,000

National Park Borough

0812001-004

$1,275,000

$1,700,000

Netcong Borough

1428001-007

$2,775,000

$3,700,000

Netcong Borough

1428001-008

$825,000

$1,100,000

Netcong Borough

1428001-009

$300,000

$400,000

Newark City

0714001-016

$10,500,000

$14,000,000

[Newark City

0714001-500

$3,825,000

$5,100,000]

Newark City

0714001-018

$3,600,000

$4,800,000

NJ American Water Co., Inc.

1345001-017

$7,575,000

$10,100,000

NJ American Water Co., Inc.

2004002-013

$12,000,000

$16,000,000

[NJ American Water Co., Inc.

2004002-500

$27,000,000

$36,000,000

NJ American Water Co., Inc.

1345001-016

$10,125,000

$13,500,000

NJ American Water Co., Inc.

2004002-011

$9,600,000

$12,800,000]

North Jersey District Water Supply Comm.

1613001-022

$12,750,000

$17,000,000

North Jersey District Water Supply Comm.

1613001-025

$18,000,000

$24,000,000

[Old Bridge MUA

1613001-033

$3,075,000

$4,100,000

Paulsboro Borough

1209002-013

$3,000,000

$4,000,000

Pennington Borough

0814001-003

$2,100,000

$2,800,000

Rahway City

1108001-002

$937,500

$1,250,000

Red Bank Borough

2013001-007

$13,650,000

$18,200,000

Saddle Brook Township

1340001-002

$1,500,000

$2,000,000

Ship Bottom Borough

0257001-002

$1,425,000

$1,900,000

Stafford Township

1528001-002

$2,812,500

$3,750,000

Total Projects: 44

1530004-018

$1,800,000

$2,400,000

 

 

$222,263,250

$296,351,000]

North Jersey District Water Supply Comm.

 

1613001-033

 

$3,075,000

 

$4,100,000

Old Bridge

MUA

1209002-013

$3,000,000

$4,000,000

Paulsboro Borough

0814001-003

$2,100,000

$2,800,000

Pennington

Borough

1108001-002

$937,500

$1,250,000

Red Bank

Borough

1340001-002

$1,500,000

$2,000,000

Ship Bottom

Borough

1528001-002

$2,812,500

$3,750,000

Stafford Township

1530004-018

$1,425,000

$1,900,000

Tuckerton Borough

1532002-006

$1,102,613

$1,470,150

Wall Township

1352003-001

$1,350,000

$1,800,000

Wall Township

1352003-002

$2,775,000

$3,700,000

Total Projects: 47

 

$188,450,447

$251,267,260

 

     c.     The Department of Environmental Protection is authorized to adjust the allowable Department of Environmental Protection loan amount for projects authorized in this section to between 25 percent and 75 percent of the total allowable loan amount and loan amounts to less than 25 percent to the extent the priority ranking and an insufficiency of funding prevents the department from making the loan.

(cf: P.L.2018, c.85, s.3)]1

 

     13.  Section 3 of P.L.2018, c.85 is amended to read as follows:

     3.    a.  The following environmental infrastructure projects shall be known and may be cited as the "Storm Sandy and State Fiscal Year 2019 Clean Water Project Eligibility List":

 

 

 

 

Project Sponsor

 

 

 

Project Number

 

Estimated Allowable DEP Loan Amount

 

Estimated Total Allowable Loan Amount

Aberdeen Township

S340869-02

$6,750,000

$9,000,000

[Atlantic County UA

S340809-23

$11,040,000

$11,040,000]

Atlantic County UA

S340809-24

$600,000

$800,000

Atlantic County UA

S340809-25

$17,520,000

$17,520,000

[Atlantic County UA

S340809-26

$1,500,000

$1,500,000]

Atlantic County UA

S340809-28

$3,075,000

$4,100,000

[Bayshore RSA

S340697-05

$9,750,000

$13,000,000]

Bayshore RSA

S340697-06

$11,325,000

$15,100,000

Bradley Beach Borough

S340472-01

$2,025,000

$2,700,000

Bradley Beach Borough

S340472-02

$1,942,538

$2,590,050


 

Burlington City

S340140-01

$1,275,000

$1,700,000

Burlington Township

S340712-16

$720,000

$960,000

Camden City

S340366-16

$1,350,000

$1,800,000

Camden County MUA

S340640-17

$2,625,000

$3,500,000

[Carteret Borough

S340939-09

$11,257,500

$15,010,000]

Cinnaminson SA

S340170-08

$870,000

$1,160,000

Elizabeth City

S340942-19

$5,775,000

$7,700,000

Franklin Township SA

S34-0839-07

$1,470,000

$1,960,000

Glen Ridge

Borough

S340861-03

$334,387

$445,849

Gloucester City

S340958-08

$1,575,000

$2,100,000

Gloucester County Improvement Authority

S342016-03

$10,419,930

$13,893,240

Gloucester County UA

S340902-14

$33,750,000

$45,000,000

[Gloucester County UA

S340902-16

$1,575,000

$2,100,000

Hightstown Borough

S340915-05

$1,050,000

$1,400,000]

Gloucester Township

S340364-15

$1,087,500

$1,450,000

Hoboken City

S340635-07

$3,750,000

$5,000,000

Howell Township

S344040-02

$11,010,000

$14,680,000

Jersey City

S340928-30

$2,033,250

$2,711,000

Jersey City MUA

S340928-15

$30,750,000

$41,000,000

Jersey City MUA

S340928-19

$5,625,000

$7,500,000

Jersey City MUA

S340928-20

$5,400,000

$7,200,000

Jersey City MUA

S340928-22

$562,500

$750,000

Jersey City MUA

S340928-28

$2,025,000

$2,700,000

Kearny MUA

S340259-07

$4,875,000

$6,500,000

[Little Egg Harbor MUA

S340579-02

$3,187,500

$4,250,000]

Little Egg Harbor Township

S344060-02

$3,187,500

$4,250,000

Manasquan River RSA

S340911-03

$495,000

$660,000

[Mendham Township

S340477-01

$1,875,000

$2,500,000

Millville City

S340921-07

$9,000,000

$12,000,000]

Manchester Township

S340650-08

$2,250,000

$3,000,000

Middlesex Borough

S340698-02

$1,926,563

$2,568,750

Middlesex County UA

S340699-13

$26,406,467

$35,208,623

Montclair Township

S340837-04

$1,275,000

$1,700,000

Montclair Township

S340837-03

$1,275,000

$1,700,000

Newark City

S340815-22

$7,875,000

$10,500,000

North Bergen MUA

S340652-14

$17,250,000

$23,000,000

North Hudson SA

S340952-22

$13,500,000

$18,000,000

North Hudson SA

S340952-23

$2,325,000

$3,100,000

North Hudson SA

S340952-28

$1,275,000

$1,700,000

Northwest Bergen County UA

S340700-13

$3,900,000

$5,200,000

Northwest Bergen County UA

S340700-15

$5,250,000

$7,000,000

Northwest Bergen County UA

S340700-16

$3,288,750

$4,385,000

Northwest Bergen County UA

S340700-18

$1,500,000

$2,000,000

Ocean County

S344080-09

$975,000

$1,300,000

Ocean County

S344080-10

$187,500

$250,000

Ocean County

S344080-11

$262,500

$350,000

Ocean County UA

S340372-58

$3,323,250

$4,431,000

Ocean County UA

S340372-59

$5,217,440

$6,956,586

Ocean Township SA

S340750-13

$412,500

$550,000

Ocean Township SA

S340750-14

$1,875,000

$2,500,000

Ocean Township SA

S340750-12

$3,075,000

$4,100,000

Old Bridge MUA

S340945-14

$2,467,500

$3,290,000

Passaic Valley SC

S340689-25

$6,825,000

$9,100,000

Passaic Valley SC

S340689-30

$2,775,000

$3,700,000

Passaic Valley SC

S340689-31

$3,000,000

$4,000,000

Passaic Valley SC

S340689-32

$7,500,000

$10,000,000

Passaic Valley SC

S340689-34

$2,175,000

$2,900,000

Passaic Valley SC

S340689-38

$15,750,000

$21,000,000

Passaic Valley SC

S340689-39

$3,612,000

$4,816,000

Passaic Valley SC

S345200-02

$1,500,000

$2,000,000

Paulsboro Borough

S340164-01

$2,062,500

$2,750,000

Perth Amboy City

S340435-11

$4,844,513

$6,459,351

Perth Amboy City

S340435-13

$637,500

$850,000

Perth Amboy City

S340435-18

$1,327,500

$1,770,000

Plumsted Township

S340607-03

$20,250,000

$27,000,000

Point Pleasant Beach Borough

S344190-02

$2,250,000

$3,000,000

Rahway Valley SA

S340547-15

$1,941,389

$2,588,518

Rahway Valley SA

S340547-14

$7,125,000

$9,500,000

Raritan Township MUA

S340485-12

$3,262,500

$4,350,000

Riverdale Borough

S340729-02

$217,342

$289,789

Riverside SA

S340490-01

$630,000

$840,000

Rockaway Valley RSA

S340821-06

$6,000,000

$8,000,000

Rockaway Valley RSA

S340821-07

$6,150,000

$8,200,000

Rockaway Valley RSA

S340821-09

$1,650,000

$2,200,000

Roxbury Township

S340381-07

$5,625,000

$7,500,000

Ship Bottom Borough

S340311-03

$3,525,000

$4,700,000

Somerset Raritan Valley SA

S340801-08

$12,375,000

$16,500,000

Somerville Borough

S342013-01

$8,625,000

$11,500,000

Stafford Township

S344100-03

$4,200,000

$5,600,000

Stony Brook RSA

S340400-10

$3,825,000

$5,100,000

[Sussex County MUA

S342008-05

$9,750,000

$13,000,000

Ventnor City

S340667-03

$1,500,000

$2,000,000]

Tuckerton Borough

S340034-03

$1,053,905

$1,405,206

West Deptford Township

S340947-05

$1,061,250

$1,415,000

Western Monmouth UA

S340128-06

$9,075,000

$12,100,000

Total Projects: [70] 84

 

[$389,100,418]

$432,145,474

[$508,780,557]

$570,353,962

 

     b.    The following environmental infrastructure projects shall be known and may be cited as the "Storm Sandy and State Fiscal Year 2019 Drinking Water Project Eligibility List":

 

 

Project Sponsor

 

Project No.

 

Estimated Allowable DEP Loan Amount

Estimated Total Allowable Loan Amount

Aberdeen Township

1330004-001

$2,925,000

$3,900,000

Bellmawr Borough

0404001-006

$1,725,000

$2,300,000

Berkeley Township MUA

1505004-009

$1,650,000

$2,200,000

[Berkeley Township MUA

1505004-007

$525,000

$700,000]

Bordentown City

0303001-008

$1,650,000

$2,200,000

Brick Township MUA

1506001-012

$4,065,000

$5,420,000

[Cape May City

0502001-004

$1,650,000

$2,200,000

Clinton Town

1005001-008

$1,125,000

$1,500,000

Clinton Town

1005001-009

$900,000

$1,200,000

Elmer Borough

1702001-001

$600,000

$800,000]

Brick Township MUA

1506001-009

$4,446,570

$5,928,760

Brick Township MUA

1506001-010

$870,000

$1,160,000

Gloucester City

0414001-022

$900,000

$1,200,000

Hampton Borough

1013001-001

$1,350,000

$1,800,000

Hightstown Borough

1104001-010

$1,331,759

$1,775,678

Hoboken City

0905001-001

$6,375,000

$8,500,000

Jackson Township MUA

1511001-012

$8,250,000

$11,000,000

Jackson Township MUA

1511001-013

$15,000,000

$20,000,000

Jackson Township MUA

1511001-010

$6,150,000

$8,200,000

[Lavallette Borough

1515001-001

$998,250

$1,331,000

Little Egg Harbor MUA

1516001-004

$2,250,000

$3,000,000]

Jackson Township MUA

1511001-011

$1,200,000

$1,600,000

Jersey City MUA

0906001-015

$2,691,950

$3,589,266

Jersey City MUA

0906001-019

$4,545,000

$6,060,000

Lakewood Township MUA

1514002-003

$1,080,000

$1,440,000

Little Egg Harbor MUA

1516001-500

$750,000

$1,000,000

Long Beach Township

1517001-501

$1,725,000

$2,300,000

Long Beach

Township

1517001-502

$8,625,000

$11,500,000

Lower Township MUA

0505002-003

$5,192,555

$6,923,406

Manchester Township

1518005-002

$4,125,000

$5,500,000

Mantua Township MUA

0810004-002

$1,350,000

$1,800,000

Mantua Township MUA

0810004-003

$1,050,000

$1,400,000

[Maple Shade Township

0319001-006

$1,950,000

$2,600,000

Middlesex Water Company

1225001-026

$9,750,000

$13,000,000]

Middlesex Water

Company

1225001-028

$8,400,000

$11,200,000

Milltown Borough

1212001-005

$1,350,000

$1,800,000

National Park Borough

0812001-004

$1,275,000

$1,700,000

Netcong Borough

1428001-007

$2,775,000

$3,700,000

Netcong Borough

1428001-008

$825,000

$1,100,000

Netcong Borough

1428001-009

$300,000

$400,000

Newark City

0714001-016

$10,500,000

$14,000,000

[Newark City

0714001-500

$3,825,000

$5,100,000]

Newark City

0714001-018

$3,600,000

$4,800,000

NJ American Water Co., Inc.

1345001-017

$7,575,000

$10,100,000

NJ American Water Co., Inc.

2004002-013

$12,000,000

$16,000,000

[NJ American Water Co., Inc.

2004002-500

$27,000,000

$36,000,000

NJ American Water Co., Inc.

1345001-016

$10,125,000

$13,500,000

NJ American Water Co., Inc.

2004002-011

$9,600,000

$12,800,000]

North Jersey District Water Supply Comm.

1613001-022

$12,750,000

$17,000,000

North Jersey District Water Supply Comm.

1613001-025

$18,000,000

$24,000,000

North Jersey District Water Supply Comm.

1613001-033

$3,075,000

$4,100,000

Old Bridge MUA

1209002-013

$3,000,000

$4,000,000

Paulsboro Borough

0814001-003

$2,100,000

$2,800,000

Pennington Borough

1108001-002

$937,500

$1,250,000

[Rahway City

2013001-007

$13,650,000

$18,200,000]

Red Bank Borough

1340001-002

$1,500,000

$2,000,000

[Saddle Brook Township

0257001-002

$1,425,000

$1,900,000]

Ship Bottom Borough

1528001-002

$2,812,500

$3,750,000

Stafford Township

1530004-018

[$1,800,000] $1,425,000

[$2,400,000] $1,900,000

Tuckerton Borough

1532002-006

$1,102,613

$1,470,150

Wall Township

1352003-001

$1,350,000

$1,800,000

Wall Township

1352003-002

$2,775,000

$3,700,000

Total Projects: [44] 47

 

[$222,263,250]

$188,450,447

[$296,351,000]

$251,267,260

 

     c.     The Department of Environmental Protection is authorized to adjust the allowable Department of Environmental Protection loan amount for projects authorized in this section to between 25 percent and 75 percent of the total allowable loan amount and loan amounts to less than 25 percent to the extent [the priority ranking and] an insufficiency of funding prevents the department from [making the loan] meeting program demand.1

(cf: P.L.2018, c.137, s.1)

 

     4.    Section 4 of P.L.2018, c.85 is amended to read as follows:

     4.    Any financing loan made by the Department of Environmental Protection pursuant to [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall be subject to the following requirements: 

     a.     The Commissioner Environmental Protection has certified that the project is in compliance with the provisions of P.L.1977, c.224, P.L.1985, c.329, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and any rules and regulations adopted pursuant thereto;

     b.    A loan for an environmental infrastructure project listed in section 2 or 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall be subject to the terms and conditions of the financing program year in which the trust issued an interim financing program fund loan for such project or the terms and conditions of the state fiscal year 2019 financing program in the absence of an interim financing program fund loan.

     c.     The estimated Department of Environmental Protection allowable loan amount shall not exceed 75 percent of the total allowable loan amount of the environmental infrastructure facility for projects listed in subsections a. and b. of section 2 [of this act,] and in subsections a. and b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), provided that:

     (1)   for clean water project and drinking water project loans to (a) municipalities that do not satisfy the New Jersey Infrastructure Bank credit policy but are subject to State financial supervision and oversight pursuant to the "Local Government Supervision Act (1947)," P.L.1947, c.151 (C.52:27BB-1 et seq.), or (b) municipal, county, or regional sewerage authorities, or utilities authorities, that do not satisfy the New Jersey Infrastructure Bank credit policy but where the municipal participant through its service agreement with the authority or utility is under State financial supervision and oversight pursuant to the "Local Government Supervision Act (1947)," P.L.1947, c.151 (C.52:27BB-1 et seq.), and the repayment obligation of the authority or utility is secured by the full faith and credit of the participating municipality pursuant to the service agreement, the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount not to exceed a total of $10 million for all such loans;

     (2)   for clean water and drinking water loans to municipalities receiving funding under the United States Department of Housing and Urban Development Community Development Block Grant - Disaster Recovery Program (CDBG-DR) the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount; and

     (3)   for loans to communities in a combined sewer overflow sewershed sponsoring construction projects that reduce or eliminate excessive infiltration, inflow, or extraneous flows, the Department of Environmental Protection allowable loan amount shall be up to 100 percent of the total allowable loan amount;

     d.    With the exception of paragraphs (1) through (3) of subsection c. of this section, the loan shall be conditioned upon approval of a loan from the New Jersey Infrastructure Bank pursuant to P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   )

     e.     The loan shall be repaid within a period not to exceed 30 years, or 45 years for combined sewer overflow abatement projects, of the making of the loan; and

     f.     The loan shall be subject to any other terms and conditions as may be established by the commissioner and approved by the State Treasurer, which may include, notwithstanding any other provision of law to the contrary, subordination of a loan authorized in [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), to loans made by the New Jersey Infrastructure Bank pursuant to [P.L.   , c.     (pending before the Legislature as Senate Bill No. 2647 of 2018 and Assembly Bill No.    of 2018)] P.L.2018, c.84, as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), or to administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5).

(cf:  P.L.2018, c.85, s.4)

 

     5.    Section 5 of P.L.2018, c.85 is amended to read as follows:

     5.    a.  Any Sandy financing loan made by the Department of Environmental Protection pursuant to [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall be subject to the following requirements:

     (1)   The commissioner has certified that the project is in compliance with the provisions of Title X, Chapter 7 of the Federal "Disaster Relief Appropriations Act of 2013" (Pub.L.113-2), and any amendatory and supplementary acts thereto; and

     (2)   The commissioner has certified that the project is in compliance with the provisions of P.L.1977, c.224, P.L.1985, c.329, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and any rules and regulations adopted pursuant thereto.

     b.    The total amount of Sandy financing loans received by any project sponsor for drinking water projects listed in subsection b. of section 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall not exceed $15 million of which not more than $4.5 million of the principal may be forgiven.  In the event a project sponsor's individual loan needs exceed $15 million, the borrower may select which of its projects it will seek funding pursuant to this section, and the borrower may seek a loan for excess costs in a base financing loan.  In the event that additional Sandy funding becomes available because project sponsors do not close on loans or the project sponsors loan requests are less than originally applied for, the loan not to exceed amount may be increased to the extent needed to assure full utilization of Sandy funding for drinking water projects, provided:

     (1)   the loan shall be repaid within a period not to exceed 30 years of the making of the loan;

     (2)   the loan shall be conditioned upon approval of a loan from the New Jersey Infrastructure Bank pursuant to P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), prior to June 30, 2019; and

     (3)   the loan shall be subject to any other terms and conditions as may be established by the commissioner and approved by the State Treasurer, which may include, notwithstanding any other provision of law to the contrary, subordination of a loan authorized in [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), to loans made by the trust pursuant to P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), prior to June 30, 2019, or to administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B-5).

(cf: P.L.2018, c.85, s.5)

 

     6.    Section 6 of P.L.2018, c.85 is amended to read as follows:

     6.    The eligibility lists and authorization for the making of loans pursuant to sections 2 and 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall expire on July 1, 2019, and any project sponsor which has not executed and delivered a loan agreement with the department for a loan authorized in [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), shall no longer be entitled to that loan.

(cf:  P.L.2018, c.85, s.6)

 

     7.    Section 7 of P.L.2018, c.85 is amended to read as follows:

     7.    The Commissioner of Environmental Protection is authorized to reduce or increase the individual amount of loan funds made available to or on behalf of project sponsors pursuant to sections 2 and 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), based upon final or low bid building costs defined in and determined in accordance with rules and regulations adopted by the commissioner pursuant to section 4 of P.L.1985, c.329, section 2 of P.L.1999, c.362 (C.58:12A-12.2), or section 5 of P.L.1981, c.261, provided that the total loan amount does not exceed the estimated total allowable loan amount.  The commissioner is authorized to reduce or increase the individual amount of loan funds made available to or on behalf of project sponsors pursuant to sections 2 and 3 of [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), in an amount not to exceed 10 percent of the total allowable loan amount based upon additional project costs to comply with the Department of Environmental Protection's guidance for asset management, emergency response, flood protection, and auxiliary power.

(cf:  P.L.2018, c.85, s.7)

 

     8.    Section 8 of P.L.2018, c.85 is amended to read as follows:

     8.    The expenditure of the funds appropriated by [this act] P.L.2018, c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), is subject to the provisions and conditions of P.L.1977, c.224, P.L.1085, c.302, P.L.1985, c.329, P.L.1989, c.181, P.L.1992, c.88, P.L.1997, c.223, P.L.1997, c.225 or P.L.2003, c.162, and the rules and regulations adopted by the Commissioner of Environmental Protection pursuant thereto, and the provisions of the Federal Disaster Relief Appropriations Act, the Federal Clean Water Act or the Federal Safe Drinking Water Act, and any amendatory and supplementary acts thereto, as appropriate.

(cf:  P.L.2018, c.85, s.8)

 

     9.    Section 10 of P.L.2018, c85 is amended to read as follows:

     10.  a.  Prior to repayment to the Clean Water State Revolving Fund pursuant to sections 1 and 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, prior to repayment to the "Wastewater Treatment Fund" pursuant to the provisions of section 16 of P.L.1985, c.329, prior to repayment to the "1992 Wastewater Treatment Fund" pursuant to the provisions of section 28 of P.L.1992, c.88, prior to repayment to the Drinking Water State Revolving Fund, prior to repayment to the "Stormwater Management and Combined Sewer Overflow Abatement Fund" pursuant to the provisions of section 15 of P.L.1989, c.181, prior to repayment to the "2003 Water Resources and Wastewater Treatment Fund" pursuant to the provisions of section 20 of P.L.2003, c.162, or prior to repayment to the "Water Supply Fund" pursuant to the provisions of section 15 of P.L.1981, c.261, repayments of loans made pursuant to these acts may be utilized by the New Jersey Infrastructure Bank established pursuant to P.L.1985, c.334 (C.58:11B‑1 et seq.), as amended and supplemented by P.L.1997, c.224, under terms and conditions established by the commissioner and trust, and approved by the State Treasurer, and consistent with the provisions of P.L.1985, c.334 (C.58:11B‑1 et seq.) and federal tax, environmental or securities law, to the extent necessary to secure repayment of trust bonds issued to finance loans approved pursuant to P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), and to secure the administrative fees payable to the trust pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5) by the project sponsors receiving trust loans.

     b.    Prior to repayment to the Clean Water State Revolving Fund pursuant to section 1 and 2 of P.L.2009, c.77 and any amendatory and supplementary acts thereto, prior to repayment to the "Wastewater Treatment Fund" pursuant to the provisions of section 16 of P.L.1985, c.329, prior to repayment to the "1992 Wastewater Treatment Fund" pursuant to the provisions of section 28 of P.L.1992, c.88, prior to repayment to the "Water Supply Fund" pursuant to the provisions of section 15 of P.L.1981, c.261, prior to repayment to the Drinking Water State Revolving Fund, prior to repayment to the "2003 Water Resources and Wastewater Treatment Fund" pursuant to the provisions of section 20 of P.L.2003, c.162, or prior to repayment to the "Stormwater Management and Combined Sewer Overflow Abatement Fund" pursuant to the provisions of section 15 of P.L.1989, c.181, the trust is further authorized to utilize repayments of loans made pursuant to P.L.1989, c.189, P.L.1990, c.99, P.L.1991, c.325, P.L.1992, c.38, P.L.1993, c.193, P.L.1994, c.106, P.L.1995, c.219, P.L.1996, c.85, P.L.1997, c.221, P.L.1998, c.84, P.L.1999, c.174, P.L.2000, c.92, P.L.2001, c.222, P.L.2002, c.70, P.L.2003, c.158, P.L.2004, c.109, P.L.2005, c.196, P.L.2006, c.68, P.L.2007, c.139, P.L.2008, c.68, P.L.2009, c.102, P.L.2010, c.63, P.L.2011, c.93, P.L.2012, c.43, P.L.2013, c.95, P.L.2014, c.25, P.L.2015, c.108, P.L.2016, c.32, as amended by P.L.2017, c.14, P.L.2017, c.143, as amended by P.L.2017, c.326, or P.L.2018, [c.84] c.85, as amended by P.L.    , c.   (pending before the Legislature as this bill), to secure repayment of trust bonds issued to finance loans approved pursuant to P.L.1995, c.218, P.L.1996, c.87, P.L.1997, c.222, P.L.1998, c.85, P.L.1999, c.173, P.L.2000, c.93, P.L.2001, c.224, P.L.2002, c.71, P.L.2003, c.159, P.L.2004, c.110, P.L.2005, c.197, P.L.2006, c.67, P.L.2007, c.140, P.L.2008, c.67, P.L.2009, c.101, P.L.2010, c.62, P.L.2011, c.95, P.L.2012, c.38, P.L.2013, c.94, P.L.2014, c.26, P.L.2015, c.107, P.L.2016, c.31, as amended by P.L.2017, c.13, P.L.2017, c.142, as amended by P.L.2017, c.327 or P.L.2018, c.84 , as amended by P.L.    , c.    (pending before the Legislature as Senate Bill No.   and Assembly Bill No.   ), and to secure the administrative fees payable to the trust under these loans pursuant to subsection o. of section 5 of P.L.1985, c.334 (C.58:11B‑5).

     c.     To the extent that any loan repayment sums are used to satisfy any trust bond repayment or administrative fee payment deficiencies, the trust shall repay such sums to the department for deposit into the Clean Water State Revolving Fund, the "Wastewater Treatment Fund," the "1992 Wastewater Treatment Fund," the "Water Supply Fund," the Drinking Water State Revolving Fund, the "2003 Water Resources and Wastewater Treatment Fund," or the "Stormwater Management and Combined Sewer Overflow Abatement Fund," as appropriate, from amounts received by or on behalf of the trust from project sponsors causing any such deficiency.

(cf: P.L.2018, c.85, s.10)

 

     10.  This act shall take effect immediately.

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