New Jersey A3589 revises apprenticeship requirements for public works contractors and allows an opt-out from registered apprenticeship programs.

New Jersey A3589 revises the registered apprenticeship requisites for public works contractors, introducing an opt-out option for contractors who choose to pay an annual fee instead of participating in registered apprenticeship programs. The bill defines an "ERISA-covered apprenticeship training program trust fund" as an employee welfare benefit plan under the Employee Retirement Income Security Act of 1974 (ERISA). Contractors must register electronically with the Department of Labor and Workforce Development, providing detailed business and financial information.

New Jersey A3589 revises apprenticeship requirements for public works contractors and allows an opt-out from registered apprenticeship programs.

New Jersey A3589 revises the registered apprenticeship requisites for public works contractors, introducing an opt-out option for contractors who choose to pay an annual fee instead of participating in registered apprenticeship programs. The bill defines an "ERISA-covered apprenticeship training program trust fund" as an employee welfare benefit plan under the Employee Retirement Income Security Act of 1974 (ERISA). Contractors must register electronically with the Department of Labor and Workforce Development, providing detailed business and financial information.