Establishes governance and service standards for developmental disability service providers in New Jersey.

The bill establishes governance and service standards for developmental disability service providers in New Jersey. It requires covered provider agencies to establish a board of directors with a majority of independent members, meet at least quarterly, and include a self-advocate or family member as a board observer. Agencies with over $2 million in revenue must establish an audit committee with specific qualifications. The bill mandates insurance coverage, prohibits loans to staff, and limits executive compensation.

Establishes governance and service standards for developmental disability service providers in New Jersey.

The bill establishes governance and service standards for developmental disability service providers in New Jersey. It requires covered provider agencies to establish a board of directors with a majority of independent members, meet at least quarterly, and include a self-advocate or family member as a board observer. Agencies with over $2 million in revenue must establish an audit committee with specific qualifications. The bill mandates insurance coverage, prohibits loans to staff, and limits executive compensation.