Prohibits State contractors from distributing data to foreign adversaries.

S 938 prohibits New Jersey state contractors and entities working with state agencies from sharing data with foreign adversaries. It bars these entities from obtaining or renewing state contracts, public works registrations, economic development subsidies, tax benefits, or redevelopment designations if listed by the Department of the Treasury as selling data to foreign adversaries. The law requires contractors to certify compliance before contracts are awarded, with the Treasury creating a public list after notice and comment periods. Violations of certification can trigger civil penalties of up to $1 million or twice the contract value, plus contract termination and a five-year ineligibility period.