Establishes restrictions and requirements for use of fishing gear and conch, fishing, and lobster pots on artificial reefs.

This bill establishes specific restrictions on fishing gear and pot use at New Jersey's Sandy Hook and Axel Carlson artificial reef sites. It designates certain areas (about 50% of historically available zones) for commercial fishing, limiting lobster pots to 75 total or 25 per line, requiring visible markers on gear, and prohibiting lobster fishing November 1-December 15 and other fish pot fishing May 15-October 1. The bill prohibits recreational lobster pot use in designated areas and requires federal funds for recreational fishing to be used on non-commercial reef areas, while commercial reef operations may be funded by donations or specific commercial allocations. It also requires the Department of Environmental Protection to apply for federal designation of these reefs as Special Management Zones.