The bill establishes the Smart Stormwater Sensor Pilot Program within the New Jersey Department of Environmental Protection (DEP), aimed at enhancing flood preparedness through the installation of advanced smart stormwater sensors in storm drains and flood-prone areas. The program will provide grants to local government units for the purchase, installation, and operation of these sensors, which are designed to monitor water levels in real-time and alert residents and agencies about potential flood events. Local governments interested in participating must submit applications that meet specific criteria, including details about their flood risk and management plans.

To support the implementation of this pilot program, the bill appropriates $1 million from the General Fund to the DEP. The department is tasked with developing a grant application process and establishing rules and regulations for the program within one year of the bill's enactment. Additionally, the DEP is required to submit annual reports to the Governor and Legislature evaluating the program's effectiveness, summarizing grant recipients, and providing recommendations for improvements and potential expansion of the program.