Enhances transparency and accountability of online tax sales.

This bill requires New Jersey's Department of Community Affairs to create a competitive selection process for companies conducting online tax lien sales. It mandates that the department solicit proposals from at least five qualified vendors (through public internet notices requiring 20-day responses), evaluate them based on experience, and publish a ranked list of approved vendors for municipalities to choose from. Municipalities must select vendors from this approved list and receive corporate ownership statements for significant subcontractors (those receiving 50%+ of contract revenue). The bill also directs the department to issue guidance on contract terms, bidding rules, and anti-collusion measures to prevent bid rigging. This directly affects all 565 New Jersey municipalities conducting online tax sales and the vendors providing those services.