Bill

Bill > A5667


NJ A5667

Permits consumers aged 65 and over up to five business days to cancel home improvement contracts.


summary

Introduced
05/12/2021
In Committee
05/12/2021
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill permits consumers aged 65 and over up to five business days to cancel a home improvement contract for any reason. Under this bill, a consumer aged 65 or over may cancel a home improvement contract at any time for any reason before midnight of the fifth business day after the consumer receives a copy of the signed contract. Currently, consumers have up to three business days to cancel a home improvement contract. The change being made under this bill reflects the potential need of the State's senior citizens, who may require more time to review home improvement contracts due to advanced age.

AI Summary

This bill permits consumers aged 65 and over up to five business days to cancel a home improvement contract for any reason, up from the current three-day period. Under the bill, consumers aged 65 or older can cancel a home improvement contract at any time before midnight of the fifth business day after receiving a copy of the signed contract, reflecting the potential need of senior citizens to have more time to review such contracts due to advanced age.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Introduced, Referred to Assembly Regulated Professions Committee (on 05/12/2021)

bill text


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