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NJ S2372

Bill

Status

Introduced

1/29/2024

Primary Sponsor

James Beach

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Origin

Senate

2024-2025 Regular Session

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