Bill
Bill > A1036
NJ A1036
NJ A1036Concerns workers' compensation insurance requirements for certain corporations and partnerships.
summary
Introduced
01/11/2022
01/11/2022
In Committee
01/11/2022
01/11/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
This bill revises the definition of "employee" in the workers' compensation law, R.S.34:15-1 et seq., to permit an S corporation that has only one individual who performs services for the corporation and is the only shareholder in the corporation to choose whether or not to obtain workers' compensation coverage.
AI Summary
This bill revises the definition of "employee" in the workers' compensation law to permit an S corporation (a type of corporation with a special tax status) that has only one individual who performs services for the corporation and is the only shareholder to choose whether or not to obtain workers' compensation coverage for that individual. The bill also clarifies that this change does not affect the individual's or corporation's status with respect to any other laws, such as tax laws. The bill will take effect 180 days after enactment and apply to all policies issued on or after that date.
Committee Categories
Business and Industry, Labor and Employment
Sponsors (3)
Last Action
Introduced, Referred to Assembly Commerce and Economic Development Committee (on 01/11/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A1036 |
| BillText | https://www.njleg.state.nj.us/Bills/2022/A1500/1036_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2022/A1500/1036_I1.PDF |
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