Authorizes $400 million in bonds to fund lead plumbing replacement projects in New Jersey.

The "Lead-Free Drinking Water Bond Act of 2025" authorizes the issuance of $400 million in State bonds to finance lead plumbing replacement projects. The funds will be divided into two parts: $200 million for grants to homeowners and schools, and $200 million for a revolving loan fund to support water systems, schools, and businesses. The act also includes provisions for the issuance, sale, and redemption of bonds, and mandates the submission of the act to a public vote. The act appropriates $5,000 for expenses related to the publication of the public question.

Authorizes $400 million in bonds to fund lead plumbing replacement projects in New Jersey.

The "Lead-Free Drinking Water Bond Act of 2025" authorizes the issuance of $400 million in State bonds to finance lead plumbing replacement projects. The funds will be divided into two parts: $200 million for grants to homeowners and schools, and $200 million for a revolving loan fund to support water systems, schools, and businesses. The act also includes provisions for the issuance, sale, and redemption of bonds, and mandates the submission of the act to a public vote. The act appropriates $5,000 for expenses related to the publication of the public question.