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 establishes a special $5 million annual fund from New Jersey sales tax revenues to finance dredging of non-port region waterways. It directly affects coastal communities where residents access homes by boat on waterways not officially designated as navigational. The Department of Environmental Protection must use the funds for dredging projects, with at least 25% allocated specifically to maintaining waterways providing boat access to coastal residences. The bill aims to address chronic underfunding for these waterways, which support the state's $27 billion tourism industry and recreational boating.