Requires grants from federal COVID-19 relief programs be disbursed proportionally based on population.

S 2462 would require New Jersey to distribute remaining federal COVID-19 relief funds to local governments based on population size, ensuring even small towns receive a share without a minimum population threshold. The state's Department of the Treasury must create new application rules considering local needs, which would be posted online before the bill takes effect. The bill would take effect 90 days after enactment and expire once all such federal funds are distributed.