Permits spouses of certain State officers or employees to hold interest in certain regulated businesses.

This bill amends New Jersey's Conflicts of Interest Law to allow spouses of certain state officers and employees to hold ownership interests in regulated businesses related to casinos and cannabis. It defines which state officials and local government members are subject to restrictions and clarifies that spouses of those individuals may now own stakes in licensed casino operations or cannabis companies without violating ethics rules. The legislation maintains existing prohibitions on direct employment and representation for officials with direct responsibility over these industries, while permitting employment for those without such oversight if approved by ethics authorities.