Clarifies choice of independent contractor status for certain licensed or regulated professionals.

This bill clarifies that certain licensed or regulated professionals in New Jersey can be treated as independent contractors if they have a written agreement stating this status. It directly affects licensed insurance producers, securities professionals (like broker-dealers and investment advisers), freight drivers operating from terminals, and others meeting specific unemployment law exemptions. The key provision states these professionals cannot be reclassified as employees under state law for any purpose (including wage/hour or unemployment rules) if they maintain such a written agreement. The bill applies retroactively to all existing agreements for enforcement, confirming that these professionals have historically been treated as independent contractors under state law.