Revises "Administrative Procedure Act" concerning socio-economic impact statements for proposed rule-making.

This bill requires New Jersey state agencies to include socio-economic impact statements prepared by representatives of the affected public in proposed rule-making. Agencies must contact a representative from the regulated community who has previously provided substantial written comments on similar rules, allowing them to prepare a statement describing the rule's expected economic impact, costs, and job effects. The agency must include this full statement in the proposed rule published in the New Jersey Register, with the Office of Administrative Law potentially requiring the representative to cover proportional printing and distribution costs. Agencies may exempt this requirement if they find the rule would impose insignificant socio-economic impact, but must explain their finding in the notice.