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Bill > S2003
NJ S2003
NJ S2003Requires preservation of employee benefits and contractual rights as condition of sale of Atlantic City International Airport.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill provides that, if the South Jersey Transportation Authority ("SJTA") sells or leases any of its interest in the Atlantic City International Airport ("airport"), the SJTA is required to provide that the conditions of the sale or lease cannot deprive any officers or employees of the SJTA of their rights concerning pension and retirement benefits, benefits under existing collective negotiation agreements, and their civil service status, if applicable. The bill also provides that any accumulated employee benefits, including, but not limited to, sick, vacation, or administrative leave, and pension credits of SJTA employees whose employment is transferred to another entity purchasing or leasing the airport, is required to be carried over to the employee's position with the new entity. Finally, the bill provides that all existing employee representatives are required to be retained to act on behalf of SJTA employees affected by the sale or lease of the airport until such time as the employees elect to change those representatives.
AI Summary
This bill mandates that if the South Jersey Transportation Authority (SJTA) sells or leases the Atlantic City International Airport, the terms of the sale or lease must ensure that SJTA officers and employees are not deprived of their existing rights and benefits. This includes their pension and retirement benefits, rights under current collective negotiation agreements (contracts negotiated between employers and employee unions), and their civil service status, if applicable. Furthermore, any accumulated employee benefits, such as unused sick, vacation, or administrative leave, and pension credits, must be transferred to the employee's new position if their employment is transferred to the entity purchasing or leasing the airport. The bill also requires that existing employee representatives, who act on behalf of employees in negotiations and other matters, must be retained to represent SJTA employees affected by the airport's sale or lease until the employees choose new representatives.
Committee Categories
Transportation and Infrastructure
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Transportation Committee (on 01/13/2026)
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/2026/S2003 |
| BillText | https://pub.njleg.gov/Bills/2026/S2500/2003_I1.HTM |
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