This bill amends the membership structure of the New Jersey Sports and Exposition Authority by increasing the total number of appointed members from 11 to 13. Specifically, it adds six new members: two members each appointed by the Governor, the President of the Senate, and the Speaker of the General Assembly. The current membership includes the State Treasurer, the President of the New Jersey Sports and Exposition Authority, and one member from the Hackensack Meadowlands Municipal Committee, in addition to the previously mentioned appointed members.
The bill also clarifies the terms of service for the newly appointed members, stating that each will serve a term of four years and will be eligible for reappointment. It maintains the requirement for members to take an oath of office and outlines the process for filling vacancies. The authority will continue to operate under its existing governance structure, with the Governor having the power to remove members for cause after a public hearing. The bill is set to take effect immediately upon passage.
Statutes affected: Introduced: 5:10-4