Bill Text: NJ A5449 | 2020-2021 | Regular Session | Introduced

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Bill Title: Removes certain property rights of State agencies in certain instances.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2021-05-12 - Reported out of Assembly Committee, 2nd Reading [A5449 Detail]

Download: New_Jersey-2020-A5449-Introduced.html

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ASSEMBLY, No. 5449

STATE OF NEW JERSEY

219th LEGISLATURE

  

INTRODUCED MARCH 8, 2021

 

 

Sponsored by:

Assemblyman  ANDREW ZWICKER

District 16 (Hunterdon, Mercer, Middlesex and Somerset)

 

 

 

 

SYNOPSIS

     Removes certain property rights of State agencies in certain instances.

 

CURRENT VERSION OF TEXT

     As introduced.

   

An Act concerning State officers or employees and certain State contracts and amending P.L.1991, c.254.

 

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

 

     1.    Section 1 of P.L.1991, c.254 (C.52:13D-19.1) is amended to read as follows:

     1.    Notwithstanding the provisions of P.L.1971, c.182 (C.52:13D-12 et seq.), a State officer or employee or a special State officer or employee or his or her partners or any corporation or firm in which he or she owns or controls more than 1% of the stock, assets or profits may enter into a contract or agreement with a State agency where the contract or agreement is for the development of scientific or technological discoveries or innovations [in which the State agency has a property right], if the State agency has a procedure in its code of ethics for authorizing these contracts or agreements which minimizes actual conflicts of interest and the code of ethics was approved in accordance with section 12 of P.L.1971, c.182 (C.52:13D-23) and the contract or agreement complies with that code procedure.

(cf: P.L.1991, c.254, s.1)

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill amends provisions in the "New Jersey Conflicts of Interest" statutes (N.J.S.A.52:13D-12 et seq.) that allows a State officer or employee, or a special State officer or employee, to enter into a contract with a State agency for the development of scientific or technological discoveries or innovations if the State agency has a property right in the discovery or innovation.  This bill removes the condition that the State agency has a property right in the discovery or innovation.  It will allow for the use of this provision for contracts in which State agencies does not have a property right.