Establishes New Jersey-India Commission.

This bill permanently establishes the New Jersey-India Commission, continuing a body initially created by Governor Murphy's 2024 executive order. The commission, composed of 35-45 members appointed by the Governor (with legislative recommendations for some seats), aims to advance trade, investment, cultural exchanges, and policy collaboration between New Jersey and India. Key provisions include requiring biennial reports to the Governor and Legislature on commission activities and allowing the commission to raise funds for its operations. The bill directly affects New Jersey's economic and cultural engagement with India, targeting businesses, Indian-American communities, and state agencies involved in international relations. It does not create new taxes or spending but formalizes an existing initiative to strengthen ties with India, the state's second-largest foreign direct investor.