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Bill > S1720

NJ S1720

NJ S1720
Provides State agencies will not enter into contracts with business entities that require persons or public entities to submit disputes to binding arbitration.

summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

The bill prohibits a State agency from entering into a contract or agreement with a business entity that requires any person or public entity, as a condition of doing business with that business entity, to submit a dispute arising after the signing of the contract to binding arbitration. These provisions deny those persons or public entities their rights and remedies in a court of law. The provisions of this bill do not apply to any contract or agreement in effect on the bill's effective date, that is necessary to address a public emergency, or that the State agency determines is unlikely to attract a number of qualified business entities sufficient to ensure a level of competition that will result in a contract price that is in the best interest of the State.

AI Summary

This bill prohibits state agencies in New Jersey from entering into contracts or agreements with business entities that require any person or public entity to submit disputes to binding arbitration, thereby denying them their rights and remedies in court. The bill provides exceptions for existing contracts, contracts necessary to address a public emergency, and contracts the state agency determines are unlikely to attract sufficient competition to result in a contract price in the best interest of the state.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate State Government, Wagering, Tourism & Historic Preservation Committee (on 01/09/2024)
(2 Companion Bills)

bill text

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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/S1720
BillText https://pub.njleg.gov/Bills/2024/S2000/1720_I1.HTM
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