NJ A1511

Licensed insurance producers, broker-dealers, investment advisers, and freight drivers at marine terminals/rail facilities can be classified as independent contractors if they have a written agreement describing them as such

These licensed professionals are exempt from satisfying additional worker classification tests under New Jersey's wage payment and wage and hour laws

The independent contractor status applies for the duration of the written agreement and supersedes any conflicting state law, rule, or regulation

The bill applies retroactively to written agreements entered into before or after its effective date, intended to enforce rather than change existing agreement terms