Loading chat...
NJ A5854
Bill
Status
Passed
12/19/2025
Primary Sponsor
John Azzariti
Click for details
AI Summary
- Motor vehicle franchisors headquartered in New Jersey may lease or assign vehicles to their own employees or employees of their affiliates and subsidiaries without going through a franchised dealer
- Franchisors may assign or lend vehicles to individuals or entities for promotional, testing, marketing, or product familiarity purposes, limited to 50 vehicles at any given time eligible for standard license plates
- Franchisors may perform service, including warranty, routine, and recall maintenance, on vehicles leased or assigned under this provision, but cannot perform retail service on vehicles sold by franchisees
- Motor vehicle franchisors meeting these criteria will receive a new motor vehicle dealer license designated with the letter "M," which does not authorize retail sales to the general public
- The law applies retroactively to January 1, 2025 and was approved December 19, 2025
Legislative Description
Allows certain motor vehicle franchisors to sell, lease, or assign vehicles to employees.
Bills and Joint Resolutions Signed by the Governor
Last Action
Approved P.L.2025, c.176.
12/19/2025
Committee Referrals
Transportation and Independent Authorities6/19/2025
Full Bill Text
No bill text available