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NJ A2659
Bill
Status
1/9/2024
Primary Sponsor
Jay Webber
Click for details
AI Summary
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Requires consumers to prove they were aware of and relied on the fraudulent practice to their detriment, rather than simply showing the practice caused a loss
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Changes treble damages from mandatory to discretionary, allowing courts to award up to three times actual damages rather than automatically requiring it
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Mandates consumers serve a written demand on sellers before filing suit; failure to provide notice eliminates the right to treble damages
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Eliminates attorneys' fees, filing fees, and costs for "technical violations" where the seller acted in good faith without intent to defraud and caused no actual loss or impact on product/service quality
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Limits the Consumer Fraud Act to New Jersey residents or in-state transactions, and exempts actions already regulated by the FTC or other state/federal regulatory bodies
Legislative Description
Revises individual cause of action under consumer fraud act.
Judiciary
Last Action
Introduced, Referred to Assembly Judiciary Committee
1/9/2024