This bill mandates that the Passaic Valley Sewerage Commissioners maintain minutes for all their meetings and public hearings, ensuring that no actions can be taken unless they are documented in these minutes. The minutes must be submitted to the Governor, who has the authority to approve or veto them within a 15-day period. If the Governor does not approve the minutes within this timeframe, any actions taken during the corresponding meeting or public hearing will not take effect. However, if the Governor vetoes any actions, those actions will be rendered null and void.

Additionally, the bill stipulates that if the last day of the 15-day review period falls on a weekend or legal holiday, the period will be extended to the next business day. The Governor's powers in this context are designed to respect the rights of bondholders and do not limit the commissioners' obligations regarding their financial agreements. The bill is set to take effect immediately upon passage.