This bill aims to reappropriate 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 reallocation of these funds to cover costs associated with the rehabilitation, improvement, inspection, and repair of bridges that carry State highways, as well as those owned or maintained by the State. The bill also stipulates that these funds can be used for emergency repairs at the discretion of the Commissioner of Transportation.

Additionally, the bill addresses unexpended funds that were appropriated for the rehabilitation and improvement of bridges carrying county and municipal roads. It mandates that any funds not expended or obligated 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 effectively utilized for necessary bridge repairs and improvements across the state.