"New Jersey Transit Accountability Act"; requires independent audit of NJT.

This bill requires the New Jersey Transit Corporation to hire an independent firm to conduct an audit of its financial management and budget reporting practices since the 2018 Executive Order assessment. The resulting report must cover financial practices, the impact of the pandemic on service demand, funding adequacy, and recommendations for governance, hiring, and customer experience improvements. New Jersey Transit must adopt recommended policies within six months of the report's release, though it can decline specific recommendations by providing a detailed explanation. The bill takes effect immediately and expires one year after the report is issued, without affecting any existing legal audit requirements.