Makes $1.3 billion in federal funds available to DEP for use in New Jersey Environmental Infrastructure Financing Program for lead service line replacement projects.

This bill allocates $1.3 billion in federal funds (from the Coronavirus State Fiscal Recovery Fund or other pandemic-related federal sources) to New Jersey's Department of Environmental Protection (DEP) for lead service line replacement projects. It directly affects water suppliers across New Jersey, requiring most to provide matching funds for pipe replacements while exempting small suppliers (serving ≤3,300 connections) from upfront matching requirements. Key mechanisms include using the New Jersey Environmental Infrastructure Financing Program, enabling the Infrastructure Bank to provide low-interest loans for projects, and defining "lead service lines" to include galvanized pipes. The funds must be used specifically for replacing lead pipes connecting water mains to buildings, with administrative costs capped at 1% of allocated funds.