Establishes Transportation Authority of New Jersey and transfers certain powers, duties, and oversight of certain transportation entities and DOT to Transportation Authority of New Jersey.

Summary

The bill establishes the Transportation Authority of New Jersey (TA) as an independent state instrumentality. It transfers the powers, duties, assets, and oversight of the New Jersey Turnpike Authority, NJ Transit Corporation, the Transportation Trust Fund Authority, and the Department of Transportation’s planning function to the TA. A governor‑appointed board will run the authority, centralizing key services like IT, security, budgeting and capital‑program management.

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