NJ A2946

Amends New Jersey theft statutes to address erroneous electronic person-to-person payments made through payment processors like Venmo or Zelle

Creates a permissive inference of theft when an individual receives an erroneous electronic payment, is properly notified of the mistake, and fails to return the funds within 30 days

Establishes a permissive inference that the recipient did not know the payment was erroneous if they were not notified within 180 days of the transfer

Provides an affirmative defense if the recipient returns the funds within 30 days of receiving the payment or being notified of the error

Adds definitions for "payment processor" (entities facilitating electronic purchases/payments) and "individual" (natural person) to the theft statute