Bill
Bill > A293
NJ A293
NJ A293Suspends fines for certain first-time paperwork violations committed by small businesses.
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 would suspend the assessment of fines against small businesses for certain minor first-time paperwork violations. Under the bill, a small business means a business entity that employs 50 full-time employees or fewer and qualifies as a small business concern as defined in the federal "Small Business Act." Under the bill, a fine would not be suspended if:· the violation has the potential to cause serious harm to the public interest;· failure to impose a fine or penalty would impede or interfere with the detection of criminal activity;· the violation concerns the assessment or collection of any tax, debt, revenue, or receipt;· the violation was not corrected within six months of the date the small business received notification of the violation; or· except as provided below, the violation presents a danger to public safety. If a State agency or regulatory authority determines that the violation presents a danger to the public safety, the agency or regulatory authority may nevertheless suspend the assessment of a fine under certain circumstances if the violation is corrected within 24 hours after notification to the business of the violation. This bill is based upon a federal bill that was sponsored in the 114th United States Congress, introduced on January 7, 2015. The federal bill provided for the suspension of fines under certain circumstances for first-time paperwork violations by small businesses.
AI Summary
This bill would suspend the assessment of fines against small businesses for certain minor first-time paperwork violations. A small business is defined as a business entity with 50 or fewer full-time employees that qualifies as a small business concern under the federal Small Business Act. Fines would not be suspended if the violation has the potential to cause serious harm, would impede the detection of criminal activity, concerns tax collection, is not corrected within six months, or presents a danger to public safety. However, the bill allows state agencies to suspend fines for violations that present a danger to public safety if the violation is corrected within 24 hours. This bill is based on a similar federal bill introduced in the 114th Congress.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Introduced, Referred to Assembly Commerce, Economic Development and Agriculture 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/A293 |
| BillText | https://pub.njleg.gov/Bills/2024/A0500/293_I1.HTM |
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