Requires DHS and DOH to conduct study on projected impact of federal Medicaid funding cuts.

This bill requires New Jersey's Department of Human Services (DHS) and Department of Health (DOH) to jointly study how federal Medicaid funding cuts - specifically those from U.S. H.R.1 (Pub.L.119-21) - would impact the state. The study must examine effects on hospitals, long-term care facilities, transportation providers, direct service providers, Medicaid eligibility, and state/local budgets. DHS and DOH must complete the study and submit a public report to the governor and legislature within 90 days of the bill's effective date, including findings and recommendations for maintaining Medicaid services. The bill directly affects New Jersey's Medicaid program, healthcare providers, and residents relying on Medicaid coverage.