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NJ S2372
Bill
Status
Introduced
1/29/2024
Primary Sponsor
James Beach
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AI Summary
- Clarifies that "employee" under New Jersey workers' compensation law means a person receiving financial consideration in the form of a salary or wage
- Extends optional workers' compensation coverage to S corporation shareholders who actively perform services for the corporation, allowing them to elect coverage at policy purchase or renewal
- Requires the S corporation's workers' compensation policy to be the primary coverage when services are performed under a homeowner's policy or other comprehensive personal liability insurance
- Protects insurers and insurance producers from liability for an S corporation's failure to elect shareholder coverage, unless damage results from willful, wanton, or grossly negligent conduct
- Takes effect 180 days after enactment and applies to all policies issued on or after that date
Legislative Description
Allows termination of motor vehicle lease in event of death; prohibits imposition of fee for early termination.
Transportation
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee
1/29/2024
Committee Referrals
Transportation1/29/2024
Full Bill Text
No bill text available