This bill establishes a fee refund program for businesses applying for permits, licenses, or certifications in New Jersey. It mandates that State entities responsible for issuing these permits, licenses, or certifications compile a comprehensive catalog detailing the types of permits they issue, the application process, associated fees, and the recommended processing times. This catalog must be submitted to the Governor's office, which will then set recommended application processing times for each type of permit, license, or certification.

Furthermore, the bill stipulates that if any State entity fails to process an application within the established recommended time frame after receiving a completed application, it must refund the application fee, as permitted by law. Importantly, this refund will not affect the outcome of the application itself. The bill defines a "State entity" to include any State department, agency, board, commission, corporation, or authority involved in the issuance of permits, licenses, or certifications.