---
type: "Bill"
title: "Credits $400 million to \"New Jersey Debt Defeasance and Prevention Fund\"; appropriates $371 million to DOC, DLPS, South Jersey Port Corporation, and DOT; establishes process for authorizing future appropriations for debt defeasance and capital projects."
description: "Credits $400 million to \"New Jersey Debt Defeasance and Prevention Fund\"; appropriates $371 million to DOC, DLPS, South Jersey Port Corporation, and DOT; establishes process for authorizing future appropriations for debt defeasance and capital projects."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "220"
identifier: "S 3980"
citation: "New Jersey S 3980 (220)"
classification: ["bill"]
subjects: ["STATE BUDGT"]
status: "enacted"
primary_sponsors: ["Freiman, Roy", "Sarlo, Paul A.", "Singleton, Troy"]
version_count: 1
action_count: 9
vote_count: 0
first_action: "2023-06-27T04:00:00+00:00"
last_action: "2023-06-30T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/f10954b2-1d97-470d-ae20-acf6d4db4a82"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "fd7a2bad7da9edb07d4b0547196896d819e5ca430e8747783343037ea364c18f"
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 S 3980 (220) — Credits $400 million to "New Jersey Debt Defeasance and Prevention Fund"; appropriates $371 million to DOC, DLPS, South Jersey Port Corporation, and DOT; establishes process for authorizing future appropriations for debt defeasance and capital projects.

## Version chain

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

1. **Introduced Version** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2022/S4000/3980_I1.HTM)

## Sponsors

- Freiman, Roy — primary (person)
- Sarlo, Paul A. — primary (person)
- Singleton, Troy — primary (person)
- Wimberly, Benjie E. — cosponsor (person)
- Zwicker, Andrew — cosponsor (person)

## Timeline

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

- **2023-06-27T04:00:00+00:00** Introduced in the Senate, Referred to Senate Budget and Appropriations Committee `introduction, referral-committee`
- **2023-06-27T04:00:00+00:00** Reported out of Senate Committee, 2nd Reading `committee-passage`
- **2023-06-30T04:00:00+00:00** Motion To Sa (O'Scanlon)
- **2023-06-30T04:00:00+00:00** Motion To Table Sa (20-15) (Ruiz)
- **2023-06-30T04:00:00+00:00** Passed Senate (31-6) `passage`
- **2023-06-30T04:00:00+00:00** Received in the Assembly without Reference, 2nd Reading
- **2023-06-30T04:00:00+00:00** Substituted for A5673
- **2023-06-30T04:00:00+00:00** Passed Assembly (Passed Both Houses) (72-5-0) `passage`
- **2023-06-30T04:00:00+00:00** Approved P.L.2023, c.68. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f10954b2-1d97-470d-ae20-acf6d4db4a82`. Confidence: reported (aggregated from official New Jersey legislature records).