Establishes special dredging account; directs $5,000,000 of sales tax collected annually be deposited therein; directs DEP to administer account and dredging program with certain requirements.

This bill creates a special "Community and Navigational Waterways Restorative and Maintenance Dredging Account" funded by $5 million annually from sales tax on boat-related purchases (e.g., boats, kayaks, trailers). The New Jersey Department of Environmental Protection (DEP) will manage the account to fund dredging projects outside the New York-New Jersey port region, including waterways providing boat access to coastal residential areas - even if not officially designated as navigational waters. At least 25% of the funds must be used for maintaining these residential access waterways. The DEP must annually prioritize projects based on community input and report to the Governor and Legislature.