Requires DEP to undertake bank stabilization project under certain circumstances; appropriates $10 million.

This bill (S 2649) requires New Jersey's Department of Environmental Protection (DEP) to immediately conduct bank stabilization projects to control erosion on specific waterways. It directly affects homeowners in areas experiencing significant erosion that damaged property or caused land loss, provided the U.S. Army Corps of Engineers has conducted upstream flood control work. Key provisions include mandating DEP to consult with local engineers and affected homeowners during project design, expedite emergency permits under flood control laws, and use $10 million in state funds for these projects. The law takes effect immediately upon passage.