The proposed bill establishes the Office of Professional Corporate Guardians within the New Jersey Department of Human Services, tasked with overseeing the licensing and regulation of professional corporate guardians. This office will operate independently, adopting regulations, setting qualification criteria, and maintaining a searchable database of registered guardians. An executive director, appointed by the Commissioner of Human Services, will lead the office to ensure compliance with guardianship laws. The bill also outlines specific requirements for entities seeking registration, including the necessity of substitute guardians, proof of liability insurance, and background checks for owners, while disqualifying individuals based on certain criminal histories or misconduct.

Additionally, the bill authorizes the Office of Professional Corporate Guardians to access child abuse and domestic violence registries for conducting background checks on potential guardians. It mandates the creation of an online registry detailing qualifications and disciplinary actions of professional guardians, and allows for the appointment of family choice and personal choice guardians through private arrangements. The legislation emphasizes the responsibilities of professional guardians, including advocacy for their wards and adherence to established guidelines, ultimately aiming to enhance oversight and accountability in the guardianship system in New Jersey.