This bill establishes the New Jersey Military Family Relief Fund within the Department of the Treasury, allowing taxpayers to voluntarily contribute to the fund through their State gross income tax returns. The fund is designed to provide grants of up to $2,500 to assist members of the United States Armed Forces, their families, members of the New Jersey National Guard, veterans, and surviving spouses with essential expenses such as food, housing, and medical services. The Legislature is tasked with annually appropriating all funds in the relief fund to the Department of Military and Veterans Affairs, which will also receive additional moneys from gifts, grants, and federal sources.

The bill outlines the eligibility criteria for applicants seeking grants from the fund, requiring them to be New Jersey residents who have lived in the state for at least 12 consecutive months prior to applying. Applicants must demonstrate financial hardship and are limited to one grant every 12 months. The Adjutant General of the Department of Military and Veterans Affairs will oversee the application process, determine eligibility, and issue grants based on available funds. The bill also defines a veteran as someone who has received an honorable or general discharge from active service in the Armed Forces or the New Jersey National Guard.