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NJ S2082
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Paul Moriarty
Click for details
AI Summary
- New Jersey State agencies would be prohibited from entering contracts with business entities that require persons or public entities to resolve disputes through binding arbitration rather than courts
- The restriction applies to all Executive Branch departments, divisions, boards, commissions, and independent State authorities
- Three exceptions allow contracts with binding arbitration clauses: existing contracts at the time of enactment, contracts necessary for public emergencies, and situations where the restriction would limit competition to the point of harming the State's financial interests
- "Business entity" is broadly defined to include corporations, LLCs, partnerships, trusts, and any commercial entity organized under New Jersey or other state/foreign law
- The bill supplements New Jersey's existing arbitration law (P.L.2003, c.95) and would take effect immediately upon enactment
Legislative Description
Provides State agencies will not enter into contracts with business entities that require persons or public entities to submit disputes to binding arbitration.
State Government, Wagering, Tourism & Historic Preservation
Last Action
Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee
1/13/2026
Committee Referrals
State Government, Wagering, Tourism & Historic Preservation1/13/2026
Full Bill Text
No bill text available