Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.
This bill requires employers in New Jersey who qualify for the federal Public Service Loan Forgiveness program to inform new employees about the program during their initial benefits explanation. The notification must cover eligibility criteria, such as working at least 30 hours per week, holding federal Direct Loans, being on an income-driven repayment plan, and making 120 qualifying payments. The law applies immediately to any qualifying employer hiring new staff and aims to ensure workers are aware of potential loan forgiveness opportunities from the start of their employment.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 11, 2026
Last action May 11, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
May 11, 2026
Introduced
Introduced in the Senate, Referred to Senate Labor Committee
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Cryan
DDemocratic
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