S 2782
Clarifies choice of independent contractor status for certain licensed or regulated professionals.
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Bill overview
This bill clarifies how New Jersey law treats licensed or regulated professionals as either employees or independent contractors. It establishes that professionals like insurance producers and broker-dealers can be considered independent contractors if they have a written agreement designating them as such. The bill specifically covers several regulated professions and ensures that individuals operating under these agreements are not considered employees for legal purposes during the agreement’s duration. It retroactively applies to past agreements to confirm existing understandings about employment status.
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