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S202 SMV Statement 2/19/26
SENATE MILITARY AND VETERANS' AFFAIRS COMMITTEE
STATEMENT TO
SENATE, No.
202
STATE
OF NEW JERSEY
DATED:
FEBRUARY
19, 2026
����� The Senate Military and Veterans' Affairs Committee
reports favorably Senate Bill No. 202.
�����
This
bill requires the Bloustein School of Planning and Public Policy of Rutgers,
The State University, through its Economic Advisory Service, to study the
economic impact of the military installations in New Jersey to determine the
overall impact of the installations upon the State gross domestic product.�
���� The
purpose of the analysis is to: provide data-driven insights to deliver a
thorough understanding of the economic impacts of proposed operating and
capital budgets for all military installations within the State, including
direct and indirect impacts at the State and county levels; evaluate the
benefits and provide an objective review of potential construction and
infrastructure projects, military and civilian employment, and State and local
tax generation; and support strategic decision-making to serve as a foundation
for evidence-based resource allocation and long-term planning while identifying
potential weaknesses and threats.�
���� The
Bloustein School is a recognized authority in this field and conducted similar
studies in 2010 and 2013.� The new study will provide up-to-date information
for State policymakers.� The insights derived from the analysis will enable
informed, strategic, and impactful decisions that foster economic growth and
prosperity.�
���� The
bill appropriates $155,000 to Rutgers, The State University, to perform the
study.�
����� This bill was prefiled for introduction in the
2026-2027 session pending technical review.� As reported, the bill includes the
changes required by technical review, which has been performed.