S1268 — Revises "Local Bond Law" provisions to exempt certain energy projects from appropriation requirement for five percent down payment.

S1268 — Revises "Local Bond Law" provisions to exempt certain energy projects from appropriation requirement for five percent down payment. · Informed CitizenryThis bill amends N.J.S.40A:2-11 to exempt certain local energy projects from the requirement to provide a down payment of at least 5% of the authorized bond obligations. Specifically, the exemption…Open in Informed Citizenry