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Posted on: August 31, 2018

Law Oks Assessments/Bonds for Lead Line Replacement

On August 24, Governor Murphy signed into law A-4120/S-2695, which authorizes municipalities to levy special assessments, and issue bonds, to replace certain lead-contaminated water service lines. However, all projects under this new law must be (a) undertaken as an environmental infrastructure project and (b) funded either by loans from the New Jersey Infrastructure Bank or New Jersey Department of Environmental Protection. For more on P.L. 2018, c. 114, which took effect on August 24, 2018, please see our recent blog post.

 

Contact: Lori Buckelew, Senior Legislative Analyst, lbuckelew@njslom.org, 609-695-3481, x112. 


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