Allows State-owned, municipally-managed Blue Acres lands to be used for freshwater wetlands mitigation projects.

This bill (A3106) allows developers to use State-owned, municipally-managed Blue Acres lands for freshwater wetlands mitigation projects - compensating for wetland loss caused by development. It adds this as a fourth option (beyond offsite private land or Wetlands Mitigation Bank contributions) for meeting state wetlands protection requirements under the Freshwater Wetlands Protection Act. The State and the managing municipality must both approve the land’s use for mitigation, ensuring it maintains equivalent ecological value to the lost wetlands. Blue Acres lands are defined as flood-damaged or protective conservation property acquired by the State for recreation, managed by local municipalities under agreement.