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NJ S3132

Bill

Status

Passed

10/20/2025

Primary Sponsor

Teresa Ruiz

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Division of Taxation must conduct audits of out-of-State contractors that have entered into State contracts or private contracts in New Jersey
  • Audits must include verification that administrative expenses are properly allocated and reasonable, review of internal financial controls, and review of the contractor's annual financial report
  • Audit results must be submitted to the contracting agency that awarded the State contract, with an annual report of all audits sent to the Governor and Legislature
  • Division must establish a toll-free hotline for confidential reporting of suspected wrongdoing or issues involving out-of-State contractors
  • Out-of-State contractor is defined as any contractor or subcontractor whose principal place of business is outside New Jersey that provides goods or services to a State agency

Legislative Description

Imposes certain requirements on secondhand dealers of cellular telephones and wireless communication devices.

Bills and Joint Resolutions Signed by the Governor

Last Action

Approved P.L.2025, c.154.

10/20/2025

Committee Referrals

Consumer Affairs1/30/2025
Commerce4/15/2024

Full Bill Text

No bill text available