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 can provide their email address when electronically filing or renewing their registration. The Division of Revenue and Enterprise Services will also facilitate an independent method for businesses to submit their email addresses through its website. Importantly, businesses that choose to receive notifications via email will no longer receive paper communications regarding these updates.

Additionally, the bill outlines that businesses can request to stop receiving email notifications and revert to paper communications by notifying the Division of Revenue and Enterprise Services. The State Treasurer, in consultation with the Commissioner of Labor and Workforce Development, is tasked with adopting necessary rules and regulations to implement this act. The bill is set to take effect on January 1 following its enactment, with provisions for anticipatory administrative actions to ensure a smooth implementation.