This bill reappropriates remaining unexpended funds from the New Jersey Bridge Rehabilitation and Improvement and Railroad Right-of-way Preservation Bond Act of 1989 to the Department of Transportation. Specifically, it allows for the allocation of these funds for the rehabilitation, improvement, inspection, and repair of bridges carrying State highways, as well as those owned or maintained by the State. The Commissioner of Transportation will have discretion over the allocation of these funds for emergency repairs across various counties.

Additionally, the bill addresses funds appropriated for bridges carrying county and municipal roads, allowing for similar reappropriation and allocation for emergency repairs. It stipulates that any unexpended or unobligated funds within two years of the act's effective date will be consolidated into a single account and redistributed to counties based on a formula established by the department. This ensures that funds are utilized effectively for necessary bridge repairs and improvements at both the county and municipal levels.