---
type: "Bill"
title: "Modifies powers and duties of New Jersey Infrastructure Bank."
description: "Modifies powers and duties of New Jersey Infrastructure Bank."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "218"
identifier: "A 5462"
citation: "New Jersey A 5462 (218)"
classification: ["bill"]
subjects: ["BANKING"]
status: "enacted"
primary_sponsors: ["Milam, Matthew W.", "Murphy, Carol A.", "Smith, Bob", "Speight, Shanique"]
version_count: 2
action_count: 8
vote_count: 4
first_action: "2019-06-06T04:00:00+00:00"
last_action: "2019-07-19T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/68697769-34d4-41e6-97be-7ab33152d5b3"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "f21b38931402060c65b375bb34c0142792c1bdaca36b6fdbfde27dca40f0891a"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey A 5462 (218) — Modifies powers and duties of New Jersey Infrastructure Bank.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](http://www.njleg.state.nj.us/2018/Bills/A9999/5462_I1.HTM)
2. **Reprint** (committee substitute) — [source](http://www.njleg.state.nj.us/2018/Bills/A9999/5462_R1.HTM)

## Votes

- Reported favorably out of committee — **11–0** (pass) · lower
- 3RDG FINAL PASSAGE — **38–0** (pass) · upper
- 3RDG FINAL PASSAGE — **78–0** (pass) · lower
- Reported out of Assembly committee with amendments — **10–0** (pass) · lower

## Sponsors

- Milam, Matthew W. — primary (person)
- Murphy, Carol A. — primary (person)
- Smith, Bob — primary (person)
- Speight, Shanique — primary (person)
- Benson, Daniel R. — cosponsor (person)
- Land, R. Bruce — cosponsor (person)
- Sumter, Shavonda E. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-06-06T04:00:00+00:00** Introduced in the Assembly, Referred to Assembly Transportation and Independent Authorities Committee `introduction, referral-committee`
- **2019-06-10T04:00:00+00:00** Reported out of Assembly Committee with Amendments and Referred to Assembly Appropriations Committee `referral-committee`
- **2019-06-13T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2019-06-20T04:00:00+00:00** Passed Assembly (78-0-0) `passage`
- **2019-06-20T04:00:00+00:00** Received in the Senate without Reference, 2nd Reading
- **2019-06-20T04:00:00+00:00** Substituted for S3818 (1R)
- **2019-06-20T04:00:00+00:00** Passed Senate (Passed Both Houses) (38-0) `passage`
- **2019-07-19T04:00:00+00:00** Approved P.L.2019, c.194. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/68697769-34d4-41e6-97be-7ab33152d5b3`. Confidence: reported (aggregated from official New Jersey legislature records).