This bill mandates that electric, gas, and water public utilities in New Jersey provide bill credits to facilities operated by volunteer fire companies, first aid, rescue, and emergency squads, as well as nonprofit organizations that assist the homeless and victims of domestic violence. The bill specifies that these credits will be applied against the total charges for distribution services in each billing period. The exact percentage of the bill credit will be determined by the Board of Public Utilities.

The legislation is set to take effect immediately upon enactment but will not be operational for 60 days thereafter. This delay allows for the necessary adjustments and implementations by the public utilities to accommodate the new requirements.