Requires Department of Treasury and DHS to annually identify State funds available for NJ FamilyCare, evaluate program, and create prioritized list of initiatives to improve quality of care under program.

This bill requires New Jersey's Department of Treasury and Department of Human Services to annually identify unspent state funds available for NJ FamilyCare, evaluate care quality for beneficiaries, and create a prioritized list of the 12 most urgent improvements needed to address deficiencies. It directly affects low-income residents enrolled in NJ FamilyCare (which covers Medicaid and Children’s Health Insurance Program services) by mandating state agencies to report findings to the Governor and Legislature each year. The key mechanism involves compiling a list of specific policy changes or legislative actions requiring state funding to fix quality-of-care issues, alongside the estimated costs for each initiative. The report must include all available unallocated funds for the current fiscal year to support these improvements. This annual process aims to improve program oversight without changing eligibility or funding levels.