Establishes Nursing School Expansion Grant Program; appropriates $25 million.

This bill establishes the Nursing School Expansion Grant Program to address nursing workforce shortages in New Jersey. It appropriates $25 million from the General Fund, with $24.5 million allocated for grants to eligible nursing education programs at public/independent colleges and hospital-based schools. Programs must apply with data on enrollment, graduation rates, diversity plans, faculty expansion, and educational pathways. The New Jersey Economic Development Authority will administer the program, awarding grants based on criteria developed with the New Jersey Collaborating Center for Nursing, while limiting administrative costs to $500,000. The goal is to increase nursing school capacity and improve the supply of nurses statewide.