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.

S 2774 requires local governments receiving loans or guarantees from the New Jersey Infrastructure Bank to establish programs ensuring military- or veteran-owned businesses (including spouses of military members or veterans) can bid on contracts for materials and services in infrastructure projects. This bill expands existing requirements - already mandating programs for minority workers and socially/economically disadvantaged contractors - by adding this new category for military/veteran businesses. It does not set a specific contract percentage but mandates local governments create a program to provide these opportunities. The law applies to all infrastructure projects funded through the NJ Infrastructure Bank, including those using state or federal funds.