summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 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 job applicants to sign agreements that would force them to repay the cost of training if they leave their job; these "training repayment agreements" are declared void, meaning employees won't have to pay back any training costs under such agreements, even if they leave their employment voluntarily or are terminated. The bill clarifies that this prohibition does not apply to situations like cash advances, payments for equipment, educational sabbatical leave contracts, or agreements made as part of a union contract. Violating this law will be treated as a violation of another existing law concerning wage and hour regulations, carrying similar penalties and allowing employees to take legal action or seek remedies for any retaliation they face for refusing to sign such an agreement or for reporting a violation.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Labor Committee (on 01/09/2024)
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/2024/S1743 |
| BillText | https://pub.njleg.gov/Bills/2026/S2000/1743_I1.HTM |
| BillText | https://pub.njleg.gov/Bills/2024/S2000/1743_I1.HTM |
Loading...