Technology

New Jersey's S 2141 bans businesses from owning, operating, or selling cryptocurrency ATMs within the state. The bill defines a cryptocurrency ATM as a physical kiosk that allows users to buy, sell, or exchange digital currency using cash, debit, or credit cards. Violations would result in fines up to $20,000 per offense, with enforcement under the state's consumer fraud laws. This action responds to Federal Trade Commission data showing crypto ATM scams caused over $65 million in fraud losses in the first half of 2024, disproportionately affecting older adults.

This bill requires data brokers operating in New Jersey to register with the Division of Consumer Affairs annually ($100 fee) and submit detailed information about their data collection, privacy policies, opt-out options, and data breach history. It directly affects businesses that collect and sell personal identifying information without a direct relationship to the individual, such as those selling health data. The key provision bans data brokers from selling, sharing, or transmitting physical health records (covering treatments for physical conditions) or behavioral health records (covering mental health, substance use, or emotional disorder care). The law establishes a public registry of registered brokers to increase transparency about how sensitive health data is handled.

This New Jersey bill establishes the "Privacy Protection Act" to limit how government agencies and healthcare facilities collect and share certain personal information. It prohibits them from requesting details like immigration status, citizenship, social security numbers, or tax IDs unless necessary for specific public services, benefits, or healthcare delivery (with healthcare exceptions for patient safety). The bill requires written consent in the person's preferred language for sharing any collected data, detailing exactly what will be shared, why, and confirming consent is voluntary without retaliation. It also bans selling or sharing vehicle license plate data except under court orders, subpoenas, or with explicit written consent, and mandates government entities to update privacy policies within one year.

This bill prohibits New Jersey government entities and healthcare facilities from collecting or sharing certain personal information, including immigration status, citizenship, birthplace, Social Security numbers, and tax IDs, except when necessary to provide public services or benefits. It prevents these entities from disclosing such information publicly, except under specific legal circumstances like court orders, subpoenas, or when required for election eligibility. The bill also specifically restricts the sale or sharing of automated license plate recognition data collected by government agencies. These provisions aim to limit unnecessary data collection and protect individuals seeking public services or healthcare.

SR 18 is a non-binding Senate resolution urging states within the PJM Interconnection region (including New Jersey and 12 other states plus D.C.) to require data centers to source electricity from new zero- or low-emission energy sources. It does not create new regulations but calls on state governments to adopt policies addressing data centers' growing energy demands, which currently consume about 4% of U.S. electricity and are projected to reach 9% by 2030. The resolution cites concerns about grid strain, noting data centers use 10-50x more energy than typical offices and could double demand by 2030. It emphasizes clean energy sources like solar and wind as scalable solutions to support grid reliability and climate goals.