Establishes program in New Jersey Collaborating Center for Nursing for support of residency programs at veterans' memorial homes in New Jersey; appropriates $500,000.

This bill establishes a program through the New Jersey Collaborating Center for Nursing (NJCCN) to support veterans' memorial homes in creating or improving nursing residency programs for licensed practical nurses (LPNs) and registered nurses (RNs). Veterans' memorial homes in New Jersey can apply for financial, material, and technical assistance to develop these programs, with applications approved on a first-come, first-served basis. The bill appropriates $500,000 from the state General Fund to fund this initiative and requires participating homes to track residency completion and job retention data, which must be reported annually to the Governor and Legislature.