Creates "New Jersey Private Contractor Registration Act"; makes an appropriation.

S 2963 creates the "New Jersey Private Contractor Registration Act," requiring contractors performing private construction work (excluding public work and home improvement) to register with the Department of Labor. Registrants must provide business details, proof of licenses, and disclose labor law violations, paying an initial $750 fee and $500 biennially (with possible reduced fees for nonprofits or based on revenue). Non-compliance can result in fines, suspension of registration, or other penalties. The bill appropriates $2 million from the state general fund to implement this registration system.