NJ A5890

Establishes the Department of Commerce as a new principal department in the Executive Branch of New Jersey State government, headed by a Secretary of Commerce appointed by the Governor with Senate confirmation

Secretary of Commerce serves as the State's chief economic development officer and principal advisor to the Governor on commerce and economic policy, coordinating statewide job creation, business expansion, and workforce development efforts

Transfers the Business Action Center (formerly in the Department of State) to the new department, with the Secretary appointing its executive director

Requires the Secretary to submit an annual State of Commerce report to the Governor and Legislature covering operations, business trends, key metrics, and recommendations for improving economic policy

Sets the Secretary of Commerce salary at $210,000 annually and appropriates funds from the General Fund for implementation, subject to Office of Management and Budget approval