Bill > S4290

This bill establishes a voluntary electronic notification system for businesses in New Jersey to receive official government communications about new regulations, tax requirements, and economic incentives. The bill defines a "business" as any legal business entity that files registration documents with the Division of Revenue and Enterprise Services, and introduces the concept of "official and authoritative notifications" for communications about statutory requirements and economic incentives. Businesses can opt into a computer-based service that will collect their electronic contact information, allowing them to receive notifications electronically from various state agencies. While businesses can choose to receive electronic notifications, they must still maintain postal mailing addresses for legal service and notices that are required by law to be sent via postal mail. If a business decides to stop receiving electronic notifications, they can request to cease the service, after which agencies will resume sending paper communications. The State Treasurer, in consultation with other government officials, will develop specific rules for implementing this system. The bill is set to take effect on January 1 following its enactment, with the State Treasurer permitted to take preparatory administrative actions in advance.

Budget and Finance, Business and Industry

https://www.njleg.state.nj.us/bill-search/2024/S4290