Maddy summaryThis New Jersey bill (S 4129) requires insurers to follow specific timelines and processes when consumers request to surrender or annuitize matured annuities. It mandates that insurers disburse funds within 10 business days of a surrender request and give owners 90 calendar days from the annuity's maturity date to request annuitization (converting to guaranteed income payments), if the annuity auto-renews. The bill also requires insurers to offer electronic fund disbursement, accept requests with bank-issued signature guarantees, continue earning interest during processing, and provide contact details for request status inquiries. These rules apply to most annuities sold to New Jersey residents, excluding those specified in existing law.
Sponsored bills
Maddy summaryS 4131 provides New Jersey corporation business tax (CBT) and gross income tax (GIT) credits for developers who complete residential housing projects on abandoned commercial building sites. The credit covers up to 25% of qualified construction costs (capped at $1 million) for projects involving new construction at demolition sites or converting rehabilitating, or repurposing existing abandoned commercial buildings (defined as structures over 100,000 sq ft). Taxpayers must apply to the Division of Taxation for certification proving project completion and costs before claiming the credit, and the bill requires a 5-year report evaluating the credit's effectiveness in revitalizing abandoned sites.
Maddy summaryNew Jersey's S 1610 requires all outdoor lighting fixtures installed or replaced by State agencies or on state-funded projects to meet strict energy and light pollution standards. The bill mandates fully shielded fixtures with a maximum 2% light emission above 80 degrees, a BUG rating of U0, and a color temperature no higher than 2,700 Kelvin (with limited exceptions for sports fields or nature preserves). It also requires motion sensors to automatically adjust lighting, limits unnecessary brightness, and prohibits light trespass beyond property lines. These changes directly affect State agencies, public projects, and contractors working with state funds, aiming to reduce energy use and protect night skies. The law takes effect three months after enactment.
Maddy summaryThis bill requires all health insurance plans in New Jersey, including Medicaid, to cover treatment for stuttering without cost-sharing. It mandates coverage for both habilitative speech therapy (to help maintain or improve speech skills) and rehabilitative speech therapy (to restore speech skills that have been lost), whether provided in-person or through telehealth. The coverage must be provided without prior authorization, utilization management requirements, or any deductibles, copayments, or annual limits. This applies to all health insurance policies delivered, issued, executed, or renewed in New Jersey on or after the effective date.
Maddy summaryThis bill allows SDA (School Development Authority) districts to receive State debt service aid for school bonds issued to finance their own school facilities projects. Currently, SDA districts receive 100% state support for projects constructed by the Schools Development Authority, but cannot get state aid for bonds they issue themselves. The bill permits SDA districts to issue bonds (subject to voter approval) for eligible facilities projects and receive state debt service aid, provided the projects aren't included in the current educational priority ranking or Statewide strategic plan. The Commissioner of Education must approve these projects following procedures used for non-SDA districts. This gives SDA districts more flexibility to address their school facilities needs while maintaining state oversight.
Maddy summaryThis is a symbolic resolution (SCR 123) passed by the New Jersey Legislature. It condemns President Trump's decision to rescind a federal policy that previously prohibited immigration enforcement actions in sensitive locations like schools, hospitals, and places of worship. The resolution sends a formal statement to the President, Homeland Security Secretary, and New Jersey's congressional delegation, reaffirming the state's support for equal access to essential services regardless of immigration status. It does not change any laws or enforcement practices, as it is a non-binding expression of disapproval.
Maddy summaryThis bill requires New Jersey's Motor Vehicle Commission (MVC) to create and maintain an informational pamphlet about operating low-speed electric bicycles and scooters. The pamphlet must include current laws, penalties for violations, and a notice about the distribution requirement, and must be updated annually and translated into at least five languages (including Spanish). The MVC must distribute two copies to food delivery companies within 60 days of creation and annually thereafter, while these companies must provide the pamphlet to all riders using such vehicles within 30 days of receipt and include it in hiring materials. The bill directly affects the MVC, food delivery companies using low-speed electric bicycles or scooters for deliveries, and their riders.
Maddy summaryThis bill expands New Jersey pharmacy staff authority to administer vaccines. It allows pharmacists, pharmacy interns, externs, and technicians to give COVID-19 and influenza vaccines to patients aged 5 and older (lowering the previous age limit from 7), with parental permission required for those under 18. Staff must work under a licensed pharmacist's direct supervision and report all vaccinations to the state immunization system. The law directly affects pharmacy workers and patients seeking vaccines without a doctor's appointment.
Maddy summarySJR 109 designates November 14 of each year as "Ruby Bridges Walk to School Day" in New Jersey. This commemorative resolution honors Ruby Bridges, who, on November 14, 1960, became the first Black child to integrate an all-white Louisiana elementary school despite facing violent protests and isolation. The resolution requests the Governor issue an annual proclamation encouraging schools and communities to observe the day with educational programs celebrating Bridges' courage and her role in advancing school desegregation.
Maddy summaryThis bill extends lifetime protected tenancy for senior citizens (62+ years old) and disabled tenants when their rental building is converted to condominium or cooperative ownership. It applies to tenants who have lived in the unit for at least one year before conversion and meet income requirements. The law prevents forced evictions and rent hikes solely due to conversion, ensuring these vulnerable tenants can remain in their homes without disruption to their health and community ties. The protection lasts for the tenant's lifetime, addressing concerns about housing instability for seniors and disabled residents amid rising costs and economic challenges.