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In this video, the speaker outlines significant changes to the permit to carry application process in New Jersey due to newly enacted legislation. The changes include: 1) the application fee has increased from $50 to $200; 2) applicants now require four endorsements instead of three; 3) both the applicant and endorsements must be interviewed by the investigating police department; 4) applicants may be denied based on past statements; and 5) proof of required liability insurance must be submitted with the application. The speaker plans to elaborate on each change and encourages viewers to subscribe for updates on ongoing permit to carry issues and related lawsuits in New Jersey.