Authorizes State Auditor to conduct cost-benefit analyses of certain programs and initiatives.

This bill requires New Jersey's State Auditor to conduct cost-benefit analyses of state programs and initiatives that cost $1 million or more annually or provide $1 million+ in tax credits. It directly affects state agencies and independent authorities managing such programs. The Auditor must analyze both costs and benefits (including alternatives), define key assumptions, and publicly report findings to the Governor and Legislature. The analysis must cover all qualifying programs at least once every five years, with confidential working papers protected but final reports made publicly available online.