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Bill > A927

NJ A927

NJ A927
Allows certain motor vehicle franchisors to sell, lease, or assign vehicles to employees.

summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
01/13/2026
Dead
Signed/Enacted/Adopted
01/13/2026

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill amends the "Franchise Practices Act," P.L.1971, c.356 (C.56:10-1 et seq.) to make clear that manufacturers and franchisors may lease and assign vehicles to employees and receive standard plates for those vehicles when titled and registered with the MVC. The bill also provides that a franchisor with headquarters in the State may assign or lend vehicles for promotional, testing, marketing, or product familiarity purposes, with up to an aggregate of 50 vehicles at any given time that would be eligible for standard plates once titled and registered with MVC. The bill clarifies that a franchisor with headquarters in this State may service these vehicles, and provide an exception from the requirement to maintain both an exterior sign and a building with at least 1,000 square feet for servicing and displaying vehicles. The bill applies retroactively so that manufacturers and franchisors may license and service motor vehicles sold, leased, or assigned to employees without interrupting their operations pending enactment.

AI Summary

This bill amends existing law to clarify that motor vehicle manufacturers and franchisors (companies that grant licenses to sell their products or services) can lease or assign vehicles to their employees, including those of affiliated companies, and that these vehicles can be registered with the Motor Vehicle Commission (MVC) and receive standard license plates. It also allows franchisors headquartered in the state to lend up to 50 vehicles at a time for promotional, testing, marketing, or product familiarity purposes, which will also be eligible for standard plates once registered with the MVC. Furthermore, the bill permits these franchisors to service these company-owned or leased vehicles, including warranty and routine maintenance, and exempts them from the usual requirements of having a large service facility and an exterior sign. The changes are retroactive to January 1, 2025, meaning these provisions apply as if they were already in effect.

Committee Categories

Transportation and Infrastructure

Sponsors (2)

Last Action

Withdrawn Because Approved P.L.2025, c.176. (on 01/13/2026)
(2 Companion Bills)

bill text

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Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2026/A927
BillText https://pub.njleg.gov/Bills/2026/A1000/927_I1.HTM
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