ASSEMBLY STATE AND LOCAL GOVERNMENT COMMITTEE

STATEMENT TO

[First Reprint]

SENATE, No. 3993

STATE OF NEW JERSEY

DATED: JANUARY 5, 2026

      The Assembly State and Local Government Committee reports favorably Senate Bill No. 3993 (1R).

      This bill removes the requirement under current law that non-physical, electronic records of online sales of motor vehicles be kept and maintained in a format that allows for immediate inspection and examination.  Under the bill, a person who is licensed to buy, sell, lease, or deal in motor vehicles is required to keep non-physical, electronic records of online sales of motor vehicles in a format that allows for inspection and examination by the Chief Administrator (chief administrator) of the New Jersey Motor Vehicle Commission, or the chief administrator’s agent. 

     In addition, the bill requires the chief administrator, or a designee, to provide one business day advanced written notice to an individual or entity engaged in the business of buying, selling, or dealing in motor vehicles; a licensed motor vehicle dealer; or a licensed leasing dealer prior to entering the building of an individual or entity engaged in the businesses listed above for the purpose of examining books and records. 

      As reported by the committee, Senate Bill No. 3993 (1R) is identical to Assembly Bill No. 5591, which was also reported by the committee on this date.