Establishes New Jersey Bullion Depository for secure precious metals storage.

The bill establishes the New Jersey Bullion Depository as a division within the Department of the Treasury to provide secure storage for precious metals including gold and silver. The depository would be constructed and operated entirely by private contractors under State oversight. The State Treasurer would appoint an administrator to oversee operations and ensure compliance with security standards.

Establishes New Jersey Bullion Depository for secure precious metals storage.

The bill establishes the New Jersey Bullion Depository as a division within the Department of the Treasury to provide secure storage for precious metals including gold and silver. The depository would be constructed and operated entirely by private contractors under State oversight. The State Treasurer would appoint an administrator to oversee operations and ensure compliance with security standards.