Renames Division of Purchase and Property; revises certain aspects of State procurement process; repeals MacBride principles certification requirement.

This bill (S 1316) renames New Jersey's "Division of Purchase and Property" to the "Division of Public Procurement" within the Department of the Treasury. It revises state procurement rules by removing the requirement for contractors to obtain "MacBride principles certification" (a specific anti-discrimination certification related to sexual orientation and gender identity), while maintaining existing equal opportunity and affirmative action program requirements for public works contracts exceeding 15% of a contracting agency's bid threshold. The bill also updates financial statement submission processes for bidders and ownership disclosure rules for contractors. It directly affects state agencies, contractors, and subcontractors involved in public procurement.