The bill establishes the New Jersey Artificial Intelligence Advisory Council, which will study the implications of artificial intelligence (AI) for State agencies. The council will consist of seven members, including the Chief Technology Officer, two members from the General Assembly, two from the Senate, and two public members with expertise in AI. The council's primary purpose is to assess the advantages and disadvantages of procuring, developing, and implementing AI within State agencies, and to make recommendations based on its findings.

The council is tasked with several responsibilities, including evaluating the need for a State code of ethics for AI, identifying the pros and cons of AI implementation, recommending guidelines for ethical AI use, developing strategies for supporting emerging technologies, and reviewing automated decision systems for ethical concerns. The council is required to issue a final report of its findings and recommendations to the Governor and Legislature within one year of its first meeting, after which it will expire.