The proposed bill establishes the "Smart Stormwater Sensor Pilot Program" within the New Jersey Department of Environmental Protection (DEP) to enhance flood risk management through the installation of advanced stormwater sensors in local government units. The program aims to provide real-time monitoring of water levels and alert local residents and agencies to potential flood events. To facilitate this initiative, the DEP will issue grants to counties and municipalities for the purchase, installation, and operation of these smart sensors in storm drains and flood-prone infrastructure. Local governments interested in participating must submit applications that meet specific criteria, including the region's flood risk history and a detailed response plan for flood events.

Additionally, the bill mandates the DEP to report annually on the program's effectiveness, including evaluations of sensor performance, grant distribution, and challenges faced during implementation. The bill appropriates $1 million from the General Fund to support the program's activities, including grant awards and reporting requirements. This funding is intended to ensure that local governments can effectively implement the smart stormwater sensor systems, ultimately improving community preparedness and response to flooding.