Makes various changes to SHBP governance and administration.

This bill restructures the governance of New Jersey's State Health Benefits Program by creating a new 13-member State Health Benefits Commission. The commission will include existing state officials, representatives from local and higher education employers, and members appointed by various public employee unions, including specific seats for police and firefighters. It also establishes a process for selecting an independent expert to advise on health plan design while ensuring the commission operates with a majority vote requirement. The legislation mandates that commission members serve without pay but receive expense reimbursement, and it requires the commission to publish an annual financial report for public review.