Permits board of county commissioners to establish "Sharing Resources" grant and loan program to encourage shared services and municipal consolidation.

S 2054 allows New Jersey county commissioners to create a "Sharing Resources" program that provides grants and loans to municipalities within their county. This program funds feasibility studies, consultant fees, and one-time startup costs for shared services agreements, joint meeting contracts, or municipal consolidation - excluding costs covered by debt or capital leases. County boards can set funding limits to ensure cost-effectiveness and may receive state, federal, or private funds to support the program. It directly affects local municipalities exploring efficiency measures, with the Commissioner of Community Affairs establishing application guidelines. The bill enables counties to proactively support local government collaboration through financial assistance.