---
type: "Bill"
title: "Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2025."
description: "Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2025."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "221"
identifier: "A 4425"
citation: "New Jersey A 4425 (221)"
classification: ["bill"]
subjects: ["BANKING", "ENVIRONMENT"]
status: "enacted"
primary_sponsors: ["Atkins, Reginald W.", "Gopal, Vin", "Mukherji, Raj", "Ramirez, Jessica", "Spearman, William W."]
version_count: 1
action_count: 8
vote_count: 3
first_action: "2024-06-13T04:00:00+00:00"
last_action: "2024-07-10T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/b3972849-4415-40c8-b688-e19c52b1be74"
source_url: "https://pub.njleg.state.nj.us/leg-databases/"
source_hash: "e63711c1be7cf8f4d27a3e8c7ee2eb4ed704990a8f50951168838485b6ad1792"
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 4425 (221) — Authorizes NJ Infrastructure Bank to expend certain sums to make loans for environmental infrastructure projects for FY2025.

## 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/2024/A4500/4425_I1.HTM)

## Votes

- 3RDG FINAL PASSAGE — **74–2** (pass) · lower
- Reported favorably out of committee — **14–0** (pass) · lower
- 3RDG FINAL PASSAGE — **40–0** (pass) · upper

## Sponsors

- Atkins, Reginald W. — primary (person)
- Gopal, Vin — primary (person)
- Mukherji, Raj — primary (person)
- Ramirez, Jessica — primary (person)
- Spearman, William W. — primary (person)
- Bagolie, Rosaura — cosponsor (person)
- Hall, Garnet R. — cosponsor (person)
- Lampitt, Pamela R. — cosponsor (person)
- McKnight, Angela V. — cosponsor (person)
- Miller, Cody D. — cosponsor (person)
- Murphy, Carol A. — cosponsor (person)
- Park, Ellen J. — cosponsor (person)
- Speight, Shanique — cosponsor (person)

## Timeline

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

- **2024-06-13T04:00:00+00:00** Introduced in the Assembly, Referred to Assembly Environment, Natural Resources, and Solid Waste Committee `introduction, referral-committee`
- **2024-06-26T04:00:00+00:00** Transferred to Assembly Budget Committee `referral-committee`
- **2024-06-26T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2024-06-28T04:00:00+00:00** Passed Assembly (74-2-0) `passage`
- **2024-06-28T04:00:00+00:00** Received in the Senate without Reference, 2nd Reading
- **2024-06-28T04:00:00+00:00** Substituted for S3383
- **2024-06-28T04:00:00+00:00** Passed Senate (Passed Both Houses) (40-0) `passage`
- **2024-07-10T04:00:00+00:00** Approved P.L.2024, c.41. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b3972849-4415-40c8-b688-e19c52b1be74`. Confidence: reported (aggregated from official New Jersey legislature records).