Directs EDA to establish New Jersey Energy Independence Bank.

This bill establishes the New Jersey Energy Independence Bank as an independent subsidiary of the Economic Development Authority (EDA), renaming the existing New Jersey Green Bank (created in 2024). It directs the bank to provide financing, loan guarantees, and other financial support for eligible environmental projects - including renewable energy facilities, energy efficiency upgrades, and electric vehicle infrastructure - primarily targeting municipalities, small businesses, and commercial entities (not direct residential lending). The bank must operate with a separate board of directors (with majority independence from the EDA) and maintain distinct financial records to ensure operational independence. The measure aims to leverage public funds to attract private investment in clean energy projects across New Jersey.