Prohibits State contractors from distributing data to foreign adversaries.
Bill A5678 prohibits New Jersey state contractors and financial institutions from sharing data with "foreign adversaries" (defined as entities acting against U.S. national security). It requires the Department of the Treasury to create and maintain a public list of entities that sell, transfer, or disclose data to such adversaries, making them ineligible for state contracts, subsidies, tax benefits, or public works registrations. Entities listed must be notified and given a chance to contest inclusion, with false certifications risking fines up to $2 million and a five-year contract ban. The bill also bans state banking or insurance with financial institutions on the list, aiming to protect state data from foreign security threats.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2025
Committee Review
Floor Vote
Governor
Introduced May 15, 2025
Last action May 15, 2025
Floor votes
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
May 15, 2025
Introduced
Introduced in the Assembly, Referred to Assembly Oversight, Reform and Federal Relations Committee
lower
1 primary · 1 co-sponsor
Sponsors
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