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NJ A2659

Bill

Status

Introduced

1/9/2024

Primary Sponsor

Jay Webber

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • 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

  • Changes treble damages from mandatory to discretionary, allowing courts to award up to three times actual damages rather than automatically requiring it

  • Mandates consumers serve a written demand on sellers before filing suit; failure to provide notice eliminates the right to treble damages

  • 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

  • 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

Committee Referrals

Judiciary1/9/2024

Full Bill Text

No bill text available