Clarifies independent contractor status for certain licensed or regulated professionals in New Jersey.
The bill clarifies that certain licensed or regulated professionals in New Jersey can be treated as independent contractors if they operate under a written agreement that identifies them as such. This applies to insurance producers, broker-dealers, agents, investment advisers, and others. These professionals will not be considered employees for any purpose under state law, rule, or regulation. The bill also ensures that these professionals do not need to satisfy any additional tests to be recognized as independent contractors.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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