Bill

Bill > S3198


NJ S3198

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


summary

Introduced
10/13/2022
In Committee
10/13/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 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, an increase from the current three-day cancellation period. The change reflects the potential need of senior citizens to have more time to review home improvement contracts due to advanced age.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 10/13/2022)

bill text


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