The proposed bill establishes the Planning for an Aging Population Task Force in New Jersey, aimed at addressing the challenges posed by the state's growing aging population. The task force will consist of 23 members, including 16 ex officio members from various health and social service agencies, and seven public members appointed by the Governor, representing local offices on aging and senior citizens. The task force is tasked with analyzing demographic data, identifying existing resources and services for seniors, evaluating healthcare capacities, and consulting with relevant departments to assess the impact of the aging population on labor and housing markets.

Within 18 months of its formation, the task force must submit a comprehensive report to the Governor and the Legislature detailing its findings, recommendations, and a proposed statewide action plan to address the needs of senior citizens. The task force is authorized to hold hearings across the state, gather testimony from various stakeholders, and will dissolve 30 days after submitting its report. This initiative aims to ensure that New Jersey is well-prepared to support its senior citizens both in the immediate and long-term future.