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NJ A4960

NJ A4960
Prohibiting training repayment agreements.


summary

Introduced
12/12/2022
In Committee
12/12/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

This bill prohibits an employer from requiring, as a condition of employment, any employee or prospective employee to enter into training repayment agreement. The bill stipulates that any agreement which is a training repayment agreement is void and that no employee is obligated to make payments under that agreement. The bill defines a training repayment agreement as any agreement requiring an employee to pay an employer, or a training provider or other third party, a sum of money if the employee leaves employment with the employer, including any agreement requiring the employee to reimburse the employer or third party for training previously provided to the employee, except that a training repayment agreement does not include a cash advance to an employee, a payment for equipment sold or leased to an employee, an educational sabbatical leave contract, or a training repayment agreement entered into as part of a collective bargaining agreement.

AI Summary

This bill prohibits employers from requiring employees or prospective employees to enter into "training repayment agreements." These are agreements that require an employee to pay the employer, a training provider, or a third party a sum of money if the employee leaves the employer's employment. The bill states that any such agreement is void, and employees are not obligated to make payments under those agreements. The bill provides that violations of these provisions will be subject to the remedies, penalties, and other measures applicable to violations of the existing law on wage and hour requirements.

Committee Categories

Labor and Employment

Sponsors (1)

Last Action

Introduced, Referred to Assembly Labor Committee (on 12/12/2022)

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