Expands range of local units eligible to join an insurance fund established by a municipality or county under certain circumstances.

This bill expands eligibility for local government insurance funds to include county colleges and municipal authorities. Currently, county colleges cannot join municipal insurance funds, and municipal authorities have no statutory authority to participate in such funds. The bill revises New Jersey law to define "local unit" broadly as county, municipality, board of education, county college, county vocational school, and municipal authority. This creates a single statutory framework allowing all these entities to join existing county or municipal insurance funds. The change removes current barriers to participation for county colleges and municipal authorities.