Welcome to your daily briefing on finance developments in New Jersey. Today we're covering 2 key stories including updates on top stories. Let's dive in.
2 stories
On January 8, 2024, New Jersey implemented new laws requiring additional licensing for home improvement and home elevation contractors.
These changes aim to enhance consumer protection against unscrupulous contractors, impacting how local professionals operate within the state.
The New Jersey Senate and Assembly have approved Senate Bill 3309, which amends the Franchise Practices Act related to motor vehicle open recalls and fair compensation.
This legislation will directly impact automotive dealers in New Jersey by establishing new standards for handling open recalls and ensuring fair compensation practices.
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