Exempts local library cooperatives from certain provisions of the "Local Public Contracts Law."

A new definition of 'local library cooperative' is added as subsection (45) of Section 2. It defines the term as a group of academic, institutional, public, school, or special libraries organized as a nonprofit corporation under P.L.1983, c.127 to exclusively provide cooperative or reciprocal library services, access to technology, and facilitate resource sharing.

The exemption in Section 5 (C.40A:11-5) for goods and services from local library cooperatives is narrowed. A new proviso requires that a local library cooperative must still adhere to the Local Public Contracts Law for all construction and infrastructure-related projects, meaning the bidding exemption no longer applies to those types of work.

The bill's approach to amending Section 2 (definitions) changes from a targeted edit to a full restatement of the entire section with 45 numbered definitions. The 'contracting unit' definition now explicitly excludes local library cooperatives, in addition to other previously listed exclusions like private water/wastewater firms and nonprofit associations serving first-class cities.