The proposed bill establishes the Military Funeral Honors Grant Program, aimed at providing financial support to nonprofit veteran organizations that offer military funeral honors in New Jersey. The program, administered by the Adjutant General of the Department of Military and Veterans Affairs, will grant up to $75 to qualified organizations for each funeral service. The bill outlines that these organizations must be recognized as tax-exempt under sections 501(c)(3) or 501(c)(19) of the Internal Revenue Code. Additionally, the Department will create procedures for grant applications and eligibility criteria, with the possibility of reducing grant amounts for organizations serving multiple funerals on the same day.

To facilitate the program, a special revolving fund known as the Military Funeral Honors Grant Fund will be established, which will receive appropriations from the Legislature, donations, and other sources. The fund will also allow for a nominal fee to be charged for application processing and will permit the department to allocate up to five percent of the appropriated funds for administrative expenses. The bill emphasizes the importance of supporting veteran organizations in providing dignified funeral honors to veterans and aims to ensure the effective management of the grant program through established rules and regulations.