This bill reappropriates 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. The funds will be designated for emergency repairs on bridges that carry State highways as well as those owned or maintained by the State, with the allocation determined at the discretion of the Commissioner of Transportation.

Additionally, the bill addresses funds appropriated for bridges on county and municipal roads, allowing for similar reappropriation and administration by the Department of Transportation. It stipulates that any unspent or unobligated funds after two years 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 across the state. The act is set to take effect immediately upon approval.