This bill amends New Jersey's legislation regarding the establishment and operation of regional rehabilitation and reentry centers by replacing the term "management committee" with "board of authority commissioners." This change reflects a new governance structure and outlines the responsibilities of the board, which include establishing inter-county agreements, managing center operations, and overseeing financial matters such as bond issuance and budget adoption. The bill also allows two or more county governing bodies to create a regional authority through parallel ordinances or resolutions and requires that proposed inter-county agreements be submitted to the Local Finance Board for review to ensure compliance with the "Local Authorities Fiscal Control Law."

Additionally, the bill modifies the timeframes for applications to the Local Finance Board, streamlining the process for the authority. It also allows a registered municipal accountant to conduct audits of the authority, thereby enhancing financial oversight and accountability. These changes aim to improve the governance and operational efficiency of rehabilitation and reentry centers, ensuring they effectively serve their communities. The act is set to take effect immediately upon passage.