This bill mandates the establishment of a public registry by the State Treasurer for out-of-state contractors awarded public works contracts in New Jersey. The registry will include essential details such as the description of the public works project, the trade name, owner name, and principal business address of each out-of-state contractor. The State Treasurer is required to maintain this registry up-to-date and make it accessible on a website managed by the Department of the Treasury. Additionally, printed or electronic copies of the registry must be provided to any contractor, out-of-state contractor, or public body upon request.

The bill defines "contractor" as any legal business entity entering into contracts subject to the New Jersey Prevailing Wage Act and The Public Works Contractor Registration Act, including subcontractors. It also specifies that an "out-of-state contractor" is one whose principal place of business is not located in New Jersey, excluding temporary offices or those affiliated with the contractor. The act is set to take effect immediately upon passage.