Revises "Franchise Practices Act."

This bill revises New Jersey's Franchise Practices Act to strengthen protections for franchisees operating in the state. It requires franchisors to provide 60 days' written notice before terminating a franchise (with limited exceptions like criminal convictions), prohibits termination without "good cause," and bans excessive post-termination fees or unreasonable employment restrictions. The bill also mandates franchisors to provide annual reports detailing how advertising funds collected from franchisees were used. These changes apply to franchises requiring a New Jersey business location with specific sales thresholds or those selling new motor vehicles.