NJ S2963

Requires all private contractors and subcontractors performing private construction work in New Jersey to register with the Department of Labor and Workforce Development, excluding public works and home improvement projects already covered under existing law

Mandates registration fees of $750 for initial two-year registration and $500 for subsequent renewals, with reduced fees available based on annual revenue or non-profit status

Requires contractors to disclose business information, tax identification numbers, workers' compensation coverage, all required state licenses, and any violations of federal or state labor laws

Authorizes penalties including disorderly persons offenses, registration denial/revocation/suspension for up to five years, and surety bonds up to $10,000 per worker for contractors who violate labor laws or registration requirements

Appropriates $2,000,000 from the General Fund to the Department of Labor and Workforce Development for implementation and enforcement