Are you referring to this Production Mapping extension tool: https://desktop.arcgis.com/en/arcmap/latest/extensions/production-mapping/snapping-points-and-splitt... ?
FYI - out of the box in Pro, you can use the Snap geoprocessing tool followed by the Split editing tool with the points as the input features and the lines as the target features.
Thanks for any clarification.
-Scott
Thanks for clarifying. I'm glad you have a working solution.
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