Requires retention of funds collected by Department of Banking and Insurance and certain professional boards.

This bill requires the New Jersey Department of Banking and Insurance and certain professional licensing boards to retain fees they collect instead of sending them to the state treasury. It specifically allows these entities to keep all license, renewal, and assessment fees for their own operational costs - such as examinations, enforcement, and staff expenses - rather than transferring them to the state fund. The law amends existing statutes to clarify that boards may retain all remaining funds in their treasuries as of June 30 each year for these purposes. This directly affects regulated professionals (e.g., insurance agents, real estate licensees) whose fees support the boards overseeing their licensing. The policy change shifts financial responsibility from the state to the regulatory bodies themselves.