Establishes "The Truth, Reconciliation, and Repair Act of New Jersey."

This bill establishes the "Truth, Reconciliation, and Repair Act of New Jersey" to formally acknowledge the state's historical role in slavery and systemic racial discrimination. It directly affects the state government and its residents by mandating a comprehensive educational initiative to inform the public about the history of over 12,000 enslaved people in New Jersey. The legislation also requires the state to create a reparations council to develop policies addressing ongoing racial inequities, such as the wealth gap and segregated schools. By moving beyond a previous symbolic apology, the bill aims to provide accountability and guide future investments in Black communities.