Establishes Division of Energy Resource and Development; transfers certain responsibilities from BPU to the Division of Energy Resource and Development.

Summary

The bill sets up a new Division of Energy Resource and Development inside the Treasury and shifts the Board of Public Utilities' energy‑policy, efficiency, renewable and electric‑vehicle programs to that division. A director, appointed by the governor with Senate consent, will lead the division and take over staff and resources. The goal is to give the state a single agency to coordinate energy initiatives.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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