SENATE BUDGET AND APPROPRIATIONS COMMITTEE

STATEMENT TO

SENATE, No. 5006

STATE OF NEW JERSEY

DATED:  DECEMBER 15, 2025

      The Senate Budget and Appropriations Committee reports favorably Senate Bill No. 5006.

      As reported, this bill expands certain employer reporting requirements to include entities that employ or contract with individuals for financial compensation, including technology platforms used for ride-sharing, delivery, or other services.

      Under current law, employers and labor organizations are required to report certain information to the Department of Human Services regarding employees or persons to whom the employer anticipates paying earnings.  The law requires this information to be reported to the department within 20 days of the hiring, re-hiring, or return to work of the employee.

      The bill expands these existing reporting requirements to include employers and other entities that employ or contract with any person for financial compensation.  Financial compensation includes earnings reported on a Form 1099.

      As reported by the committee, Senate Bill No. 5006 is identical to Assembly Bill No. 4750 (1R), which was amended and reported by the committee on this date.

FISCAL IMPACT:

      This bill has not been certified as requiring a fiscal note.