Bill Text: NJ A2926 | 2016-2017 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Repeals law suspending certain licenses, registrations and certifications for failure to repay student loans.

Spectrum: Partisan Bill (Democrat 16-0)

Status: (Passed) 2017-07-21 - Approved P.L.2017, c.160. [A2926 Detail]

Download: New_Jersey-2016-A2926-Introduced.html

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ASSEMBLY, No. 2926

STATE OF NEW JERSEY

217th LEGISLATURE

 

INTRODUCED FEBRUARY 16, 2016

 

 

Sponsored by:

Assemblyman  LOUIS D. GREENWALD

District 6 (Burlington and Camden)

 

 

 

 

SYNOPSIS

     Repeals law suspending certain licenses, registrations and certifications for failure to repay student loans.

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act concerning suspension of certain licenses and repealing P.L.1999, c.54.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    P.L.1999, c.54 (C.45:1-21.2 and C.2A:13-12) is repealed.

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill repeals sections 1 and 2 of P.L.1999, c.54, which stipulates that persons who are licensed by the Director of the Division of Consumer Affairs or by the various professional and occupational boards located within the Division of Consumer Affairs shall have their licenses suspended by the director or the board by which they are regulated when the director or board is notified by a lender or guarantor of nonpayment or default of a State or federal direct or guaranteed educational loan by those persons.  P.L.1999, c.54 also provides that the Supreme Court of the State of New Jersey may suspend the licenses of attorneys who fail to repay student loans.