Revises scope of duties and composition of Risk Management Committee in Department of Treasury; exempts Risk Management Committee from requirements of Open Public Meetings Act.

This New Jersey bill revises the Risk Management Committee within the Department of Treasury. It changes the committee's leadership from co-chairs (State Treasurer and Banking Commissioner) to a single chairperson (the State Treasurer), and exempts the committee from the Open Public Meetings Act. This means the committee no longer needs to provide public notice for meetings or allow public access, altering how it operates. The bill directly affects the committee members (including department commissioners and the Treasurer) and the Division of Risk Management, which must now provide resources for the committee.