Exempts minor league baseball players from certain State wage laws under certain circumstances.

S 4506 exempts minor league baseball players covered by a union-negotiated agreement between Minor League Baseball and the Major League Baseball Players Association from New Jersey's wage and hour laws and recordkeeping requirements. The exemption applies only while the agreement is active and requires the league and union to notify the state labor department within one week of any agreement termination or replacement. This aligns state law with the 2023 agreement, which provides players with salaries, health care, housing, retirement benefits, and other protections that conflict with standard wage laws due to minor league baseball's irregular schedules.