Sponsored by:
Assemblyman LOUIS D. GREENWALD
District 6 (Burlington and Camden)
Assemblywoman VALERIE VAINIERI HUTTLE
District 37 (Bergen)
Assemblyman GARY S. SCHAER
District 36 (Bergen and Passaic)
Assemblyman RONALD S. DANCER
District 12 (Burlington, Middlesex, Monmouth and Ocean)
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 P.L.1999, c.54 (C.45:1-21.2 and C.2A:13-12) is repealed.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.