Revises "Administrative Procedure Act" concerning socio-economic impact statements for proposed rule-making.

This bill amends New Jersey's Administrative Procedure Act to require state agencies to prepare and publish detailed statements analyzing the socio-economic impacts of proposed rules. Specifically, agencies must include assessments of job creation or loss, effects on agriculture, housing affordability, smart growth development, and racial and ethnic community criminal justice outcomes. The legislation also mandates that these documents be made available online and distributed to the public alongside the standard notice of proposed rule-making. By formalizing these requirements, the bill aims to ensure that citizens and stakeholders receive clearer information about how new regulations might affect their communities before rules are finalized.