Loading chat...

NJ A2524

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Erik Peterson

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • 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

  • 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

  • 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

  • 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

  • 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

Committee Referrals

Judiciary1/9/2024

Full Bill Text

No bill text available