On Thursday, June 18, the Assembly Labor Committee was scheduled to hold a hearing on A2298, which would prohibit employers from discriminating on the basis of credit history. After hearing from opponents, including NJCJI, the committee decided to hold the bill for further consideration.
On its face, A2298, which is being sponsored by Assembly members Spencer (D-29) and Quijano (D-20), simply prohibits employers from conducting credit history checks on employees and job applicants. Under the surface, however, this bill, and its Senate companion, SCS524, like so many other bills in the employment law context, increases the liability risk businesses in New Jersey must face. As we have repeatedly said, increasing liability risk is bad for New Jersey’s economy.
NJCJI is opposing this legislation because it unnecessarily increases the liability risk New Jersey businesses face. If the legislature wants to regulate employee credit checks, it should not rely on the court system for enforcement.
If you would like to contact your representatives in the New Jersey Legislature to let them know the liability risk in this and other legislation is bad for business, click here.
If you have questions or comments about this legislation, please contact a member of the NJCJI team.