This bill mandates that municipal authorities in New Jersey, established under P.L.1957, c.183 (C.40:14B-1 et seq.), are responsible for the inspection, maintenance, and repair of fire hydrants located on streets and roads within planned real estate developments, regardless of whether these streets are dedicated to the municipality. The authorities must treat these hydrants the same as those located on public streets and roads, ensuring that all fire hydrants are maintained to the same standard. This requirement aims to enhance public safety by ensuring that fire hydrants in all areas are functional and accessible in emergencies.

Additionally, the bill provides a definition of "planned real estate development," describing it as any real property in the state that consists of separately owned areas offered under a common promotional plan, excluding timeshares. The intent behind this legislation is to promote fairness among residents served by municipal authorities, ensuring that all fire hydrants are adequately maintained and ready for use in case of fire emergencies, thereby improving overall community safety. The bill is set to take effect immediately upon passage.