Establishes Transportation Authority of New Jersey and transfers certain powers, duties, and oversight of certain transportation entities and DOT to Transportation Authority of New Jersey.

S 3695 establishes the Transportation Authority of New Jersey to consolidate the New Jersey Turnpike Authority, New Jersey Transit Corporation, and New Jersey Transportation Trust Fund Authority under a single entity. The bill transfers the Department of Transportation's transportation planning responsibilities - including developing capital programs, managing the Transportation Trust Fund, and overseeing strategic planning - to this new Authority, while excluding routine road maintenance and emergency services. The Authority will be governed by a Board appointed by the Governor, including a chair serving as CEO and 16 voting members, operating independently from the DOT. This reorganization centralizes oversight of major transportation operations and planning functions under one entity.