This bill mandates that several authorities in New Jersey, including the New Jersey Turnpike Authority (NJTA), South Jersey Transportation Authority (SJTA), New Jersey Economic Development Authority (EDA), Casino Reinvestment Development Authority (CRDA), Port Authority of New York and New Jersey (PANYNJ), and Delaware River Port Authority (DRPA), prioritize the hiring of minorities and women when offering employment. Additionally, when awarding contracts for services, these authorities are required to consider and prioritize minority-owned and women-owned businesses. The bill also stipulates that these authorities must publish and regularly update information on their websites regarding the demographics of their employees and contractors, including data on gender, race, ethnicity, and average salaries or contract amounts.

Furthermore, the bill includes provisions that will only take effect if similar legislation is enacted in New York and Pennsylvania, specifically concerning the PANYNJ and DRPA. This ensures that the bill's requirements align with regional legislative efforts to promote diversity and inclusion in employment and contracting practices. The information published by these authorities must be maintained and updated on a quarterly basis to ensure transparency and accountability.