Makes $100 million in federal funds available to DEP for grants to local governments for drinking water, wastewater, and stormwater infrastructure projects.

This bill allocates $100 million in federal funds from the American Rescue Plan Act of 2021 to New Jersey's Department of Environmental Protection (DEP) for grants to local governments. The grants will fund drinking water, wastewater, and stormwater infrastructure projects, with at least 10% specifically directed toward projects reducing harmful algal blooms in Lake Hopatcong and Greenwood Lake. The DEP must establish a transparent grant application process within six months and report all funded projects to the Governor and Legislature within three years, after which the program expires. Up to 3% of the funds may cover administrative costs for the grant program.