Establishes natural disaster relief grant program in DEP; appropriates $250 million.

This bill creates a new grant program within New Jersey's Department of Environmental Protection (DEP) to help local governments and school districts recover from climate change-related natural disasters, such as flooding, storms, drought, or extreme heat. The program will provide grants covering up to 50% of eligible costs for repairing damaged facilities, with the DEP setting application rules, eligibility criteria, and project priorities. It appropriates $250 million from the state General Fund to the Climate Change Relief Fund for program administration, requiring the DEP to submit annual reports on effectiveness to the Governor and Legislature. The program aims to directly support communities affected by climate-exacerbated disasters, focusing on tangible recovery efforts.