Prohibits government dealings with businesses associated with Azerbaijan.

New Jersey's S 1642 prohibits state and local government from entering contracts, issuing subsidies, or granting tax benefits to businesses associated with Azerbaijan. The bill targets entities linked to activities the state deems human rights violations, following concerns about the detention of economist Dr. Gubad Ibadoghlu in Azerbaijan. The Treasury Department must create and maintain a public list of prohibited businesses, requiring entities to certify they are not on the list before engaging in state contracts or services. Businesses found to falsely certify their non-inclusion face penalties including fines up to $1 million and a three-year ban from state dealings. The law affects any business seeking state contracts, subsidies, tax abatements, or certifications for redevelopment projects.