New Jersey A2118 prohibits self-service storage facilities from charging punitive fees to consumers paying with vouchers when delayed by the issuing.
New Jersey A2118 aims to protect consumers using government vouchers for self-service storage payments. The bill prohibits storage facilities from charging late fees, pre-foreclosure fees, or fees to unlock access when a voucher payment is delayed by the issuing authority. An initial violation carries a $1,000 penalty, while subsequent violations are considered unlawful practices under the consumer fraud act, with penalties up to $20,000. The bill also allows for cease and desist orders, punitive damages, treble damages, and costs to the injured party.
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