Revises definition of persons engaging in investment activities in Iran.

This bill revises New Jersey's law to prohibit state agencies, school boards, and local governments from entering public contracts with entities providing *any* goods or services (even $1 or more) in Iran's energy sector - including oil, gas, or related infrastructure like pipelines. Currently, the threshold requires $20 million or more in transactions to trigger the prohibition. The change aligns state policy with federal sanctions aimed at limiting Iran's energy revenue, which the bill states supports U.S. efforts to counter terrorism and weapons development funding. It applies to all public contracts awarded 30 days after the law takes effect.