This bill establishes a non-lapsing Civil Air Patrol Fund within the Department of Military and Veterans Affairs, which will be supported by annual appropriations of $100,000 from the General Fund. The fund will also receive additional financial support from federal grants and public donations. The State Treasurer will manage the fund and is required to certify the total amount of money in the fund to the Legislature within 180 days of the bill's enactment and periodically thereafter. The funds will be utilized to support various programs and training initiatives for the Civil Air Patrol Wing in New Jersey, including STEM education, search and rescue training, and disaster relief efforts.

In addition to creating the fund, the bill appropriates an initial $100,000 from the General Fund to kickstart the Civil Air Patrol Fund's activities. The bill emphasizes the importance of the Civil Air Patrol, which has a long history of contributing to national defense and emergency response efforts since its founding in 1936. The establishment of this fund aims to enhance the capabilities of the Civil Air Patrol in New Jersey, ensuring it can continue to play a vital role in public safety and disaster management.