The bill establishes the "New Jersey Target Zero Commission" within the Department of Transportation, consisting of 13 members, including various state commissioners and executive directors from transportation-related agencies. The commission's primary purpose is to study and review traffic safety, focusing on access, equity, and mobility for all road users. It aims to eliminate traffic fatalities and serious injuries by 2040 through a comprehensive action plan that incorporates engineering, education, and enforcement strategies. The commission is required to hold public hearings, consult with stakeholders, and provide annual reports to the Governor and Legislature on its findings and activities.

Additionally, the bill defines key terms related to transportation safety, such as "active transportation," "safe system approach," and "target zero strategies." It emphasizes the importance of data-driven strategies and public engagement in developing and implementing safety measures. Notably, the commission's action plan will not include the use of traffic control signal monitoring systems for issuing summonses or penalties for violations. The Department of Transportation is tasked with creating necessary regulations to implement the provisions of the bill, which takes effect immediately upon approval.