New Jersey § 58:11-63

§ 58:11-63.

a. Whenever a public or private entity receives an order pursuant to section 3 of

P.L.1981, c. 347 ( C.58:11-61 ) to acquire a small sewer company, the cost to the designated acquiring public or

private entity of the improvements to the acquired small sewer company necessary to

assure the compliance with all applicable federal and State water pollution control

requirements for a small sewer company shall be eligible for financing pursuant to

the “New Jersey Environmental Infrastructure Trust Act,” P.L.1985, c. 334 ( C.58:11B-1 et seq. ), as amended by P.L.1997, c. 224 . Any loan application made by an acquiring public entity pursuant to this subsection

shall be expedited by the New Jersey Environmental Infrastructure Trust and the Department

of Environmental Protection, to the maximum extent feasible while still maintaining

compliance with all applicable laws, rules and regulations. b. Whenever a public or private entity receives an order pursuant to section 3 of

P.L.1981, c. 347 ( C.58:11-61 ) to acquire a small water company, the cost to the designated acquiring public or

private entity of the improvements to the acquired small water company necessary to

assure the availability of water, the potability of water, and the provision thereof

at adequate volume and pressure and compliance with all applicable federal and State

safe drinking water requirements for a small water company, shall be eligible for

financing pursuant to the “New Jersey Environmental Infrastructure Trust Act,” P.L.1985,

c. 334 ( C.58:11B-1 et seq. ), as amended by P.L.1997, c. 224 . Any loan application made by an acquiring public entity pursuant to this subsection

shall be expedited by the New Jersey Environmental Infrastructure Trust and the Department

of Environmental Protection, to the maximum extent feasible while still maintaining

compliance with all applicable laws, rules and regulations. c. The provisions of any other law or rule or regulation adopted pursuant thereto

to the contrary notwithstanding, improvements to an acquired small water company pursuant

to the provisions of P.L.1981, c. 347 ( C.58:11-59 et seq. ), section 1 of P.L.1981, c. 389 ( C.58:11-63 ) and P.L.1999, c. 296 (C.58: 11-63.1 et al.) shall constitute a water supply project for the purposes of

P.L.1981, c. 261, as amended by P.L.1983, c. 355 and P.L.1997, c. 223 . d. As used in this section “small water company” and “small sewer company” shall have

the same meaning as in section 1 of P.L.1981, c. 347 (C .58:11-59).