Permits business entities and nonprofit organizations to adopt certain responsibilities related to stormwater management basins; provides corporation business tax credit for adoption of stormwater management basins in certain watersheds.

This bill allows businesses and nonprofits to adopt and maintain stormwater basins in specific New Jersey watersheds (including Lake Hopatcong, Budd Lake, and others), with the state offering a corporation business tax credit for participation. It requires government agencies to verify adopters' capability to manage basins per environmental regulations, establishes formal adoption agreements, and provides liability protections through waivers and insurance requirements. The program applies only to basins owned by state or local agencies in designated watersheds, with no cost to the agencies themselves. The bill is currently pending in the Assembly Environment Committee (introduced January 13, 2026).