Bill
Bill > A3715
NJ A3715
Limits certain provisions in restrictive covenants and limits enforceability of restrictive covenants.
summary
Introduced
05/02/2022
05/02/2022
In Committee
05/19/2022
05/19/2022
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Limits certain provisions in restrictive covenants and limits enforceability of restrictive covenants.
AI Summary
This bill limits the enforceability of restrictive covenants, also known as non-compete agreements, in New Jersey. The key provisions include: (1) requiring employers to disclose the terms of restrictive covenants to prospective employees, (2) limiting the duration and geographic scope of restrictive covenants, (3) prohibiting the enforcement of restrictive covenants against certain categories of employees such as low-wage workers and those terminated without misconduct, (4) requiring employers to continue paying employees during the restrictive covenant period, and (5) declaring "no-poach agreements" between employers to be void and unenforceable. The bill aims to stimulate New Jersey's economy by preserving jobs and providing opportunities for employees to establish new businesses and job opportunities within the state.
Committee Categories
Government Affairs, Labor and Employment
Sponsors (4)
Last Action
Assembly Oversight, Reform and Federal Relations Hearing (10:00:00 6/22/2023 Committee Room 14, 4th Floor, State House Annex, Trenton, NJ.) (on 06/22/2023)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.njleg.state.nj.us/bill-search/2022/A3715 |
Statement ALA 5/19/22 | https://www.njleg.state.nj.us/Bills/2022/A4000/3715_S1.PDF |
BillText | https://www.njleg.state.nj.us/Bills/2022/A4000/3715_I1.HTM |
Bill | https://www.njleg.state.nj.us/Bills/2022/A4000/3715_I1.PDF |
Loading...