Labor & Employment

S 2782 clarifies that certain licensed or regulated professionals in New Jersey may be treated as independent contractors under state law if they have a written agreement designating them as such. It directly affects insurance producers, securities professionals (broker-dealers, agents, investment advisers), freight drivers at marine terminals/rail facilities meeting specific unemployment exemption criteria, and others meeting defined criteria under unemployment law. The bill prevents these professionals from being classified as employees for any purpose under state law during the term of their written agreement and eliminates the need for them to satisfy additional tests (like those under wage and hour laws) to maintain independent contractor status. It applies retroactively to all existing written agreements for these professionals.

This bill clarifies that certain licensed professionals in New Jersey may be treated as independent contractors under state law if they have a written agreement designating them as such. It specifically applies to licensed insurance producers, securities professionals (like broker-dealers and investment advisers), freight drivers at marine terminals/rail facilities meeting unemployment law exemptions, and others meeting specific criteria. The law prevents these professionals from being reclassified as employees for any purpose under state law during the term of their written agreement and prohibits requiring additional tests to maintain independent contractor status. It applies retroactively to all existing agreements for enforcement purposes.