This bill allows businesses in New Jersey to opt-in to receive electronic notifications via email regarding new statutory and regulatory requirements, as well as economic incentives that affect their operations. Businesses that are required to comply with registration requirements from the Division of Revenue and Enterprise Services can provide their email address during the registration or renewal process. Additionally, the Division will offer an independent method for businesses to submit their email addresses through its website or other electronic means.

Importantly, businesses that choose to receive notifications via email will no longer receive paper communications regarding these updates. However, they can request to revert back to paper notifications by notifying the Division, which must cease email notifications within 60 days of receiving such a request. The State Treasurer, in consultation with the Commissioner of Labor and Workforce Development, is tasked with adopting the necessary rules and regulations to implement this act, which is set to take effect on January 1 following its enactment.