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Bill > A2345


NJ A2345

NJ A2345
Prohibits public officials from accepting virtual currency and non-fungible tokens as gifts.


summary

Introduced
01/09/2024
In Committee
01/23/2025
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill amends definitions to provide that a gift includes all forms of virtual currency and non-fungible tokens (NFTs). Under this bill, a public official would be prohibited from accepting any form of virtual currency or NFTs as a gift.

AI Summary

This bill amends existing laws to prohibit public officials, including state officers and employees, local government officers and employees, and school officials, from accepting any form of virtual currency or non-fungible tokens (NFTs) as gifts. The bill defines "gift" to include virtual currency and NFTs, effectively banning public officials from receiving these digital assets as gifts.

Committee Categories

Business and Industry, Government Affairs

Sponsors (8)

Last Action

Reported and Referred to Assembly State and Local Government Committee (on 01/23/2025)

bill text


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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A2345
Analysis - Technical Review Of Prefiled Bill https://pub.njleg.gov/Bills/2024/A2500/2345_T1.PDF
Analysis - Statement AST 1/23/25 https://pub.njleg.gov/Bills/2024/A2500/2345_S1.PDF
BillText https://pub.njleg.gov/Bills/2024/A2500/2345_I1.HTM
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