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 makes various revisions to the New Jersey consumer fraud act. Under current law, when a violation of the consumer fraud act is found to have occurred, the court is required to award threefold the damages sustained by any person in interest and attorneys' fees. This bill gives the court discretion in awarding damages, which would not be permitted to exceed threefold the actual damages sustained by the consumer. The bill provides that purely technical violations of the act do not allow for an award of attorneys' fees, filing fees and costs. The bill also provides that the plaintiff, in order to succeed in a consumer fraud action, must have been aware of, and relied to his detriment on, the use or employment of the unlawful method, act or practice. The bill also requires that a consumer serve a written demand on the seller for the seller to make the consumer whole, before filing suit. In addition, the bill provides that the consumer fraud act applies only to New Jersey residents or transactions that take place within the State. The bill also provides that the consumer fraud act would not apply to actions or transactions otherwise permitted or regulated by the Federal Trade Commission or any other regulatory body or officer acting under statutory authority of this State or the United States.
AI Summary
This bill makes several revisions to the New Jersey consumer fraud act. It gives the court discretion in awarding damages, which cannot exceed threefold the actual damages sustained by the consumer. It provides that purely technical violations of the act do not allow for an award of attorneys' fees, filing fees, and costs. It requires the plaintiff to be aware of and rely on the unlawful act or practice, and to serve a written demand on the seller before filing suit. The bill also limits the application of the consumer fraud act to New Jersey residents or transactions within the state, and excludes actions or transactions regulated by the Federal Trade Commission or other regulatory bodies.
Committee Categories
Justice
Sponsors (2)
Last Action
Introduced, Referred to Assembly Judiciary 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/A2659 |
| BillText | https://pub.njleg.gov/Bills/2024/A3000/2659_I1.HTM |
Loading...