This bill mandates that the State Board of Medical Examiners must ensure that the average time to grant or deny a physician's license application does not exceed 51 days, starting from the date the board receives all necessary information to process the application. Additionally, the board is required to submit an annual report to the Legislature detailing its progress towards meeting this performance measure.

The legislation aims to streamline the licensing process for physicians in New Jersey, thereby improving efficiency and reducing wait times for applicants. The requirement for an annual report will provide transparency and accountability regarding the board's performance in meeting the established timeline. The bill is set to take effect 90 days after its enactment.