ASSEMBLY APPROPRIATIONS COMMITTEE

STATEMENT TO

SENATE CONCURRENT RESOLUTION No. 135

STATE OF NEW JERSEY

DATED:  JUNE 8, 2026

      The Assembly Appropriations Committee reports favorably Senate Concurrent Resolution No. 135.

      As reported, this concurrent resolution approves the Fiscal year 2027 Financial Plan for the New Jersey Infrastructure Bank.  The passage of a concurrent resolution by each House is the means for the Legislature's approval of the Fiscal Year 2027 Financial Plan of the New Jersey Infrastructure Bank.  The consolidated Financial Plan is required by law to be submitted to the Secretary of the Senate and the Clerk of the General Assembly on or before May 15, 2026 to implement financing of clean water and drinking water projects on the eligibility lists developed by the Department of Environmental Protection.

      As reported by the committee, Senate Concurrent Resolution No. 135 is identical to Assembly Concurrent Resolution No. 151, which was also reported by the committee on this date.

FISCAL IMPACT:

      This bill is not certified as requiring a fiscal note.