Prohibits State's participation in multi-state cap-and-trade program to reduce carbon emissions from transportation sector.

This bill prohibits New Jersey state agencies and employees from joining or supporting any multi-state cap-and-trade program targeting carbon emissions from transportation fuels, such as gasoline and diesel combustion. It specifically bans entering agreements with other states to create such programs or adopting related rules. The law applies to all state entities and requires invalidating any prior participation in similar initiatives. It directly affects New Jersey's ability to collaborate on regional climate policies for transportation, without altering existing state emissions regulations. The bill takes immediate effect upon enactment.