Requires local government units to provide opportunities for military- or veteran- owned businesses to supply materials and services for projects receiving funding from NJ Infrastructure Bank.

This bill requires local government units receiving loans or guarantees from the New Jersey Infrastructure Bank to establish programs ensuring military- or veteran-owned businesses (including those owned by spouses of military members or veterans) can supply materials and services for infrastructure projects. It expands existing requirements - currently mandating programs for minority workers and socially/economically disadvantaged contractors - to include military and veteran-owned businesses without specifying a contract percentage. The bill applies to all projects funded through the NJ Infrastructure Bank, which finances public infrastructure improvements across New Jersey. This change aims to increase participation of military/veteran-owned businesses in state-funded construction and service contracts.