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NJ S3132
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Nicholas Scutari
Click for details
AI Summary
- Division of Taxation must conduct audits of out-of-State contractors (businesses headquartered outside New Jersey) that receive State or private contracts
- Audits must verify administrative expenses are properly allocated and reasonable, review internal financial controls, and examine the contractor's annual financial report
- Division must submit audit results to the contracting agency that awarded the contract and provide an annual audit report to the Governor and Legislature
- A toll-free confidential hotline must be established for reporting suspected wrongdoing or issues involving out-of-State contractors
- Applies to any contractor or subcontractor providing goods or services where payment comes wholly or partially from State or agency funds
Legislative Description
Requires Division of Taxation conduct audits of out-of-State contractors that have entered into State and private contracts.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/13/2026
Committee Referrals
State Government, Wagering, Tourism & Historic Preservation1/13/2026
Full Bill Text
No bill text available