Enhances certain reporting and disclosure concerning State tax expenditures.

This bill (S 1750) requires New Jersey's Governor to include an annual, detailed report in the state budget message analyzing all tax breaks (known as "tax expenditures"). The report must list every tax break, show estimated revenue losses for past/current/future fiscal years, assess whether each break achieves its stated goals, and track who benefits - including whether benefits exceed 10% of a recipient’s tax bill. It also mandates evaluating how tax breaks affect tax fairness and requires businesses receiving tax benefits to provide data for analysis. This directly affects corporations, individuals, and entities benefiting from New Jersey’s tax breaks, as they may need to supply data for the report.