This bill appropriates funds to the New Jersey Department of Environmental Protection (DEP) for various environmental infrastructure projects for the fiscal year 2025, utilizing resources from multiple funds such as the "Clean Water State Revolving Fund" and the "Drinking Water State Revolving Fund." It authorizes the DEP to transfer funds between accounts to address public health threats and meet financing needs for eligible clean and drinking water projects. The bill also allows for zero-interest and principal forgiveness loans to support local government units and public water utilities, with specific provisions for grants and technical assistance aimed at disadvantaged communities. It emphasizes leveraging federal funds to enhance the state's water infrastructure management.

Additionally, the bill outlines a framework for providing principal forgiveness and blended interest rate loans for clean water initiatives, with specific allocations for combined sewer overflow projects, water quality restoration, and energy efficiency projects. It designates significant funding for lead service line replacements and projects addressing climate change. The bill also authorizes the DEP to provide zero-interest loans and principal forgiveness loans for projects related to the aftermath of Storm Sandy, with up to $300 million allocated for these loans. Overall, the legislation aims to bolster New Jersey's environmental infrastructure while ensuring affordability and resilience for communities affected by past disasters.