Requires financial institutions to cash payroll checks under certain circumstances.

This bill requires New Jersey financial institutions (like banks and credit unions) to cash payroll checks without charging fees when an employee presents the check with photo ID proving they're the payee. It applies to anyone with an account at that institution or if the check is drawn on it, including minors under 18. Financial institutions violating this face fines up to $500 per violation and must cover the person's legal fees if they sue. The law aims to prevent fees for employees who rely on payroll checks but lack accounts at the issuing bank.