This bill mandates that certain State contractors in New Jersey must offer the public the option to submit required information electronically when the value of a contract is $1 million or more. Specifically, the Division of Purchase and Property in the Department of the Treasury, along with any State agency authorized to contract for goods or services, will enforce this requirement. The electronic submission option is intended for information necessary for individuals to establish their eligibility for goods, services, or benefits provided under the contract.

The bill defines "contractor" as a business organization that has entered into a contract with a State agency, and it outlines what constitutes a State agency. The act is set to take effect immediately upon passage. This initiative aims to streamline processes and enhance accessibility for the public in dealing with State contractors.