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NJ A4376

Bill

Status

Introduced

2/19/2026

Primary Sponsor

Alex Sauickie

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Creates a third degree crime for selling counterfeit coins or bullion by falsely representing their precious metal content, grade, or authentication status, or by altering coins to inflate their apparent value

  • Applies to violations of existing theft by deception and forgery statutes when used to deceive buyers about gold, silver, or other precious metals

  • Requires convicted offenders to pay victims triple damages in addition to any other penalties

  • Establishes enhanced mandatory minimum sentences when victims are senior citizens (age 62+): imprisonment of one-third to one-half of the sentence imposed, or one year minimum, with no parole eligibility during that period

  • Third degree crimes in New Jersey carry penalties of 3-5 years imprisonment and fines up to $15,000

Legislative Description

Establishes crime of selling certain counterfeit items; establishes enhanced penalties for crime if committed against senior citizen.

Aging and Human Services

Last Action

Introduced, Referred to Assembly Aging and Human Services Committee

2/19/2026

Committee Referrals

Aging and Human Services Committee2/19/2026

Full Bill Text

No bill text available