Establishes "Smart Stormwater Sensor Pilot Program" in DEP; appropriates $1 million.

This bill establishes a three-year "Smart Stormwater Sensor Pilot Program" administered by New Jersey's Department of Environmental Protection (DEP), appropriating $1 million from the General Fund. It authorizes the DEP to issue grants to counties and municipalities for installing smart sensors in storm drains and flood-prone infrastructure. These sensors must monitor real-time water levels and send flood alerts to residents and agencies, with applicants required to demonstrate flood risk through specific criteria like historical flooding data and flood zone location. The DEP must publish transparent grant criteria, distribute funds equitably, and report annually on the program's effectiveness, challenges, and potential for expansion.