ASSEMBLY LABOR COMMITTEE

STATEMENT TO

ASSEMBLY, No. 5531

STATE OF NEW JERSEY

DATED:  MAY 17, 2021

      The Assembly Labor Committee reports favorably Assembly Bill No. 5531.

      This bill exempts from coverage under the "unemployment compensation law," R.S.43:21-1 et seq., any services provided by a commercial fisherman whose compensation is comprised solely of a percentage of fish caught or a percentage of the proceeds from the sale of the catch.  The exempted commercial fisherman would not be subject to unemployment insurance (UI) taxes and not be eligible for UI benefits.