---
type: "Bill"
title: "Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2026; makes appropriation."
description: "Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2026; makes appropriation."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "221"
identifier: "S 4377"
citation: "New Jersey S 4377 (221)"
classification: ["bill"]
subjects: ["BANKING", "TRANS PLAN"]
status: "enacted"
primary_sponsors: ["Calabrese, Clinton", "Diegnan, Patrick J."]
version_count: 1
action_count: 8
vote_count: 4
first_action: "2025-05-12T04:00:00+00:00"
last_action: "2025-08-15T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/08416d2a-5ca9-4121-ae5b-7d5cb9b1dda5"
source_url: "https://pub.njleg.state.nj.us/leg-databases/"
source_hash: "5fa3cc8bc8a7cff1acc00c15dc24e508b6e282820a2ed2714ebdbf36372e7d67"
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 4377 (221) — Authorizes NJ Infrastructure Bank to expend certain sums to make loans for transportation infrastructure projects for FY2026; makes appropriation.

## 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/S4500/4377_I1.HTM)

## Votes

- Reported favorably out of committee — **11–0** (pass) · lower
- 3RDG FINAL PASSAGE — **38–0** (pass) · upper
- Reported favorably out of committee — **6–0** (pass) · upper
- 3RDG FINAL PASSAGE — **79–0** (pass) · lower

## Sponsors

- Calabrese, Clinton — primary (person)
- Diegnan, Patrick J. — primary (person)
- Drulis, Mitchelle — cosponsor (person)
- Freiman, Roy — cosponsor (person)
- Morales, Carmen Theresa — cosponsor (person)
- Murphy, Carol A. — cosponsor (person)
- Ramirez, Jessica — cosponsor (person)

## Timeline

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

- **2025-05-12T04:00:00+00:00** Introduced in the Senate, Referred to Senate Transportation Committee `introduction, referral-committee`
- **2025-05-12T04:00:00+00:00** Reported out of Senate Committee, 2nd Reading `committee-passage`
- **2025-06-02T04:00:00+00:00** Passed Senate (38-0) `passage`
- **2025-06-12T04:00:00+00:00** Received in the Assembly, Referred to Assembly Appropriations Committee `referral-committee`
- **2025-06-19T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2025-06-30T04:00:00+00:00** Substituted for A5623
- **2025-06-30T04:00:00+00:00** Passed Assembly (Passed Both Houses) (79-0-1) `passage`
- **2025-08-15T04:00:00+00:00** Approved P.L.2025, c.124. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/08416d2a-5ca9-4121-ae5b-7d5cb9b1dda5`. Confidence: reported (aggregated from official New Jersey legislature records).