This bill mandates that municipal authorities in New Jersey, established under the municipal and county utilities authorities law, are responsible for the inspection, maintenance, and repair of fire hydrants located on streets and roads within planned real estate developments. This responsibility applies regardless of whether the roads or streets are dedicated to the municipality. The bill ensures that these authorities treat fire hydrants in planned developments the same as those on public streets, thereby promoting public safety and ensuring that all fire hydrants are adequately maintained.

Additionally, the bill provides a definition of "planned real estate development," which includes any real property in the state that consists of separately owned areas offered under a common promotional plan, excluding timeshares. The intent of the legislation is to create fairness among residents by ensuring that fire hydrants are uniformly inspected and maintained, thereby guaranteeing access to water for firefighting purposes in all areas, regardless of their development status.