The bill establishes the State of New Jersey as a purchaser of last resort for unsold produce, directing the Department of Agriculture (DOA) to create a program in collaboration with the Department of Health (DOH). This program aims to purchase unsold produce from farmers who have been unable to sell their goods in a timely manner and distribute the produce to food banks, homeless shelters, senior citizen centers, adult day care centers, veterans organizations, and other nonprofit entities that provide food or meals to the public. The DOA will determine a reasonable market price for the produce and ensure compliance with relevant DOH rules and regulations regarding food purchase and distribution.

Additionally, the bill mandates the DOA to establish criteria for farmer participation and for the nonprofit recipients involved in the program. The Secretary of Agriculture is required to include a request for sufficient funding in the annual budget to support the program's implementation. The DOA will also adopt any necessary regulations to facilitate the program's operation, ensuring that it aligns with the Administrative Procedure Act. The act is set to take effect immediately upon passage.