The proposed bill establishes the "New Jersey Gold Star Family Annuity Program" within the Department of Military and Veterans Affairs, aimed at providing financial support to surviving family members of New Jersey residents who have died while serving in the Armed Forces or the National Guard. The bill defines a Gold Star family member as a New Jersey resident who is a surviving spouse, domestic partner, civil union partner, parent, sibling, child, legal guardian, or other legal custodian of the deceased service member. The program will provide an annual annuity of $600, disbursed on January 1 each year, with potential increases starting two years after the bill's effective date, based on adjustments to compensation and pension benefits from the U.S. Department of Veterans Affairs.

To qualify for the annuity, applicants must submit proof of their relationship to the deceased service member, confirm the service member's active duty status at the time of death, and provide evidence of New Jersey residency, which must be verified annually. The bill specifies that remarriage will not disqualify eligible Gold Star family members from receiving benefits. The Adjutant General will oversee the program, including budget requests for funding and the acceptance of donations or grants to support the annuity payments. Additionally, the Adjutant General will be responsible for determining eligibility and handling appeals related to the program.