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NJ A2524
Bill
Status
1/9/2024
Primary Sponsor
Erik Peterson
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AI Summary
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Prohibits individuals from being appointed to marijuana regulatory bodies if they held any direct or indirect interest in, or employment by, marijuana license holders or applicants within the three years prior to appointment
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Requires appointed officers and employees to file financial disclosure statements with the State Ethics Commission listing assets, liabilities, property interests, and income sources for themselves and family members
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Imposes a four-year post-service restriction preventing former appointed officers from holding interests in or employment with marijuana license holders, and a two-year restriction for most other employees
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Bans appointed officers and supervisory employees from making political contributions and prohibits all officers and employees from using official authority to influence elections or coerce political contributions
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Authorizes civil penalties of $500 to $10,000 for violations, with criminal penalties including fourth-degree crime charges for prohibited political contributions and disorderly persons offenses for willful violations of other provisions
Legislative Description
Applies statutory ethics and conflicts-of-interest standards for casino industry regulators and participants to regulators of and participants in legalized marijuana marketplace.
Judiciary
Last Action
Introduced, Referred to Assembly Judiciary Committee
1/9/2024