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 or prevent public review of development plans. 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 involving the property intended for development.

Furthermore, the bill stipulates that approving authorities or municipal agencies cannot approve any site plans, subdivisions, or other necessary approvals if the applicant has violated the provisions outlined in this legislation. It clarifies that the restrictions on non-disclosure agreements apply solely to data centers and do not permit similar practices for other types of structures, in accordance with existing laws like the "Senator Byron M. Baer Open Public Meetings Act." The bill is set to take effect immediately upon passage.