Bill
Bill > S1046
NJ S1046
Permits consumers aged 65 and over up to five business days to cancel home improvement contracts.
summary
Introduced
01/09/2024
01/09/2024
In Committee
01/09/2024
01/09/2024
Crossed Over
Passed
Dead
Introduced Session
2024-2025 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, up from the current three-day period. This change reflects the potential need of the state's senior citizens to have more time to review these contracts due to advanced age. Under the bill, consumers aged 65 or over may cancel the contract at any time before midnight of the fifth business day after receiving a copy of the signed contract, while other consumers retain the three-day cancellation period.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/09/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S1046 |
| BillText | https://pub.njleg.gov/Bills/2024/S1500/1046_I1.HTM |
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