Bill > S1273

Introduced Session

This bill requires the Legislature approve settlements of claims for damages against the State of $10 million or more through the adoption of a concurrent resolution by majority vote of both Houses of the Legislature. The bill applies to settlement agreements between the State and a claimant or claimants at any time after the claimant or claimants have filed a notice of a claim for damages with the appropriate entity pursuant to the New Jersey Tort Claims Act. The amount of $10 million applies in both individual and aggregate situations when the claims are based on damages arising from the same event or occurrence or substantially the same event or occurrence. The proposed settlement must be submitted to the Legislature in writing at least 30 days before the proposed date of execution of the final monetary settlement agreement by the State and claimant or claimants or at least 30 days before the proposed date of approval of the final monetary settlement agreement by the judge presiding over the suit, whichever date is sooner. The bill will take effect on the first day of the third month following enactment and applies to settlements not yet executed or approved by a judge.

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Holly Schepisi (R)*, 

Introduced in the Senate, Referred to Senate Law and Public Safety Committee (on 02/03/2022)

Official Document