This bill establishes strict regulations regarding the development of data centers in New Jersey, specifically prohibiting applicants and their agents from entering into agreements, including non-disclosure agreements, that aim to conceal information about the development from public review. Such agreements are deemed against public policy and are unenforceable. Additionally, applicants must attest that no such agreements were made during the real estate transaction for the property intended for development.

Furthermore, the bill stipulates that approving authorities or municipal agencies cannot approve any site plans or subdivisions if the applicant has violated the provisions outlined in the bill. It clarifies that while the bill focuses on data centers, it does not allow for any agreements that conceal information regarding the development of other structures if such practices are prohibited by existing laws, such as the "Senator Byron M. Baer Open Public Meetings Act." The bill is set to take effect immediately upon passage.