Bill
S 2338
"Polluters Pay to Make New Jersey More Affordable Act"; imposes cost recovery payments on certain fossil fuel companies for funds needed for climate change adaptation; establishes program in DEP to collect and oversee distribution of funds.*
2026-2027 Regular Session
Introduced by Renee Burgess and 17 co-sponsors
New Jersey creates the CARA Fund to finance climate adaptation using payments from fossil fuel companies, overseen by a new state Trust for 20-year resilience projects.
Reported from Senate Committee with Amendments, 2nd Reading