Prohibits any foreign company created under laws of foreign adversary from participating in critical infrastructure.

This bill prohibits New Jersey state agencies and local governments from allowing foreign companies created under the laws of a "foreign adversary" to participate in critical infrastructure projects. A "foreign adversary" is defined as a foreign government designated by the U.S. Secretary of Commerce for actions threatening U.S. national security or safety. The law applies to infrastructure like electricity grids, water pipelines, gas systems, and communication networks, banning these foreign entities from construction, maintenance, or control. Existing agreements before the law's enactment are exempt from this ban but cannot be renewed if they conflict with the new rule. The bill aims to prevent security risks like cyberattacks by restricting foreign control over essential services.