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NJ S3829

Bill

Status

Introduced

10/24/2024

Primary Sponsor

Michael Testa

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Repeals the "New Jersey Health Insurance Market Preservation Act" (P.L.2018, c.31), eliminating the state-level individual health insurance mandate that required most residents to maintain minimum essential coverage or pay a penalty

  • Removes the funding mechanism that directed penalties collected from uninsured individuals to the New Jersey Health Insurance Premium Security Fund

  • Amends the New Jersey Easy Enrollment Health Insurance Program to delete references to the repealed mandate while maintaining the program's ability to identify uninsured individuals through tax returns

  • Eliminates the waiver provision that allowed taxpayers to avoid the shared responsibility tax by opting into the Easy Enrollment Program's eligibility determination process

  • Takes effect immediately upon enactment

Legislative Description

Repeals requirement that individuals maintain minimum essential health insurance coverage.

Commerce

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee

10/24/2024

Committee Referrals

Commerce10/24/2024

Full Bill Text

No bill text available