New Jersey legislation · 2026-2027 Regular Session
New Jersey S4766: GREEN Loan Program-estab, finance cert renewable energy projects;$5M
Status: In committee, October 5, 2026
Establishes GREEN Loan Program in BPU to finance certain renewable energy and energy efficiency projects; appropriates $5 million.
What the bill says
An Act concerning the financing of renewable energy and energy efficiency projects, supplementing Title 48 of the Revised Statutes, and making an appropriation.
From the introduced text, October 5, 2026:
An Act concerning the financing of renewable energy and energy efficiency projects, supplementing Title 48 of the Revised Statutes, and making an appropriation. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1. As used in this act: Board means the Board of Public Utilities. Borrower means a nonprofit organization that applies and qualifies for a loan under the Green and Renewable Energy Efficiency for Nonprofits Loan Program established pursuant to section 2 of this act. GREEN Loan Fund, or fund means the Green and Renewable Energy Efficiency for Nonprofits Loan Fund established pursuant to section 3 of this act. GREEN Loan Program, or program, means the Green and Renewable Energy Efficiency for Nonprofits Loan Program established pursuant to section 2 of this act. Nonprofit organization means a private nonprofit organization that is exempt from federal taxation pursuant to section 501 (c)(3) of the federal Internal Revenue Code, 26 U.S.C. s.501 (c)(3). Qualifying energy system means a system that: (1) generates electricity or usable thermal energy that is used to meet on-site demand; and (2) assists the State in meeting its greenhouse gas emissions reductions goals under P.L.2007, c.112 (C.26:2C-37 et seq.). 2. a. There is established in the Board of Public Utilities the Green and Renewable Energy Efficiency for Nonprofits Loan Program or …
Sponsors
- Vin Gopal (D, 11) · primary sponsor
Latest actions
- : INT 1RS REF SEN
Subjects: ENVIRONMENT, ENERGY
Common questions
- What is S4766?
- S4766 is a bill in the New Jersey Legislature (2026-2027 Regular Session): GREEN Loan Program-estab, finance cert renewable energy projects;$5M.
- What does S4766 do?
- In its own words: An Act concerning the financing of renewable energy and energy efficiency projects, supplementing Title 48 of the Revised Statutes, and making an appropriation.
- What is the status of S4766?
- In committee as of October 5, 2026. Latest action: INT 1RS REF SEN (October 5, 2026).
- Who sponsored S4766?
- Vin Gopal (D, 11).
- Where is the official record for S4766?
- On the New Jersey Legislature website: https://www.njleg.state.nj.us/bill-search/2026/S4766
Source: official New Jersey record. Tracked by Delilah, AI for legislation across all 50 states and Congress.