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 addresses when electronically filing or renewing their registrations. The Division of Revenue and Enterprise Services will also facilitate a method for businesses to submit their email addresses independently through its website.

Additionally, the bill stipulates that businesses opting for email notifications will no longer receive paper communications regarding these updates. However, businesses can request to revert back to paper communications 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 necessary rules and regulations to implement this act, which is set to take effect on January 1 following its enactment.