Establishes "New Jersey Veterans Assistance Trust."
This bill establishes the New Jersey Veterans Assistance Trust, a new state entity within the Department of Military and Veterans Affairs. The trust will accept donations from federal, state, local, or private sources to provide grants or loans directly to veterans, veterans' families, and programs supporting them - without replacing existing government funding. It will operate under a 14-member board including agency commissioners, veterans advocates, business representatives, and legislative appointees. The trust may invest unspent funds in approved securities but must maintain separate accounting and undergo state audits. The bill creates a structured mechanism to pool resources for veteran support, pending legislative approval.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
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Full legislative history
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1
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0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Military and Veterans' Affairs Committee
lower
1 primary · 1 co-sponsor
Sponsors
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