New Jersey A3167 revises workers' compensation insurance requirements for S corporations and partnerships.
New Jersey A3167 amends the workers' compensation insurance requirements for S corporations and partnerships. It allows an S corporation with a single individual performing services and being the sole shareholder to decide whether to obtain workers' compensation coverage for that individual. The bill also modifies the definition of "employee" to include self-employed individuals, limited liability partners, and limited liability company members who actively perform services for their business.
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