Wisniewski, Singleton, Stender, Caride & Wimberly Bill Creating Transportation Infrastructure Bank Advanced by Assembly Panel

Wisniewski, Singleton, Stender, Caride & Wimberly Bill Creating Transportation Infrastructure Bank Advanced by Assembly Panel

Bill Would Boost Economy While Leveraging State, Federal & Private Investments for Long-Term Overhaul of NJ’s Transportation Network & Clean Energy Systems

(TRENTON) – An Assembly panel on Thursday advanced legislation sponsored by Assembly Democrats John Wisniewski, Troy Singleton, Linda Stender, Marlene Caride and Benjie Wimberly that would establish a State Transportation Infrastructure Bank to leverage public and private investments for the long-term overhaul of New Jersey’s transportation network.

“We can’t ignore the underlying value that our infrastructure system holds for our economy,” said Wisniewski (D-Middlesex). “For too long, we have neglected this foundation of our economy while our competitors in the global marketplace have invested in state-of-the-art water, energy and transportation systems. New Jersey’s recovery from the devastation of Hurricane Sandy will be inherently linked to whether or not we create a more reliable and sustainable infrastructure system with better roads, bridges, tunnels and rail systems…”

To read more, please visit the New Jersey General Assembly Democratic Office Web site.

On the Net:
The Assembly Democratic Office Web site
NJ Assembly Dems on YouTube
NJ Assembly Dems on Vimeo
NJ Assembly Dems on Facebook
NJ Assembly Dems on Twitter
NJ Assembly Dems e-mail alerts

"I’m an undertaker by trade, so when I bury somebody, they don’t come back."
—Bergen County Democratic Chairman Lou Stellato