Requires certain funds from Main Street Recovery Fund to be used for grants for veteran-owned small businesses.

This bill requires 7% of funds from New Jersey's Main Street Recovery Fund to be allocated as grants specifically for veteran-owned small businesses and service-disabled veterans (as defined under federal law). Eligible businesses must meet standard requirements like tax compliance and paying workers at least $15/hour (or 120% of state minimum wage), with additional rules for capital improvements over $50,000. The grants can cover operating expenses or capital improvements, such as energy-efficient upgrades, and must comply with prevailing wage standards for construction work. The bill amends existing law to prioritize veteran business owners within the Main Street Recovery Finance Program.