Establishes New Jersey Bullion Depository for secure precious metals storage.

New Jersey's S 4672 establishes a state-run bullion depository under the Department of the Treasury to securely store precious metals like gold and silver. Eligible users - including government entities, businesses, financial institutions, and fiduciaries - can deposit physical metals for storage, with withdrawals processed within five business days. The depository mandates strict security (Class 3 vault standards with 24/7 armed guards and biometric access), requires 100% physical backing of all accounts (no fractional reserves), and enforces $100 million in insurance coverage. Customer assets are held in bankruptcy-remote accounts, separate from the private operator’s assets, and protected from creditor claims.