Requires businesses receiving financial assistance from EDA be prohibited from any gender gap payment practice to their employees.

A4834

ASSEMBLY, No. 4834

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED MAY 4, 2026

Sponsored by:

Assemblywoman� ANNETTE QUIJANO

District 20 (Union)

Assemblywoman� CAROL A. MURPHY

District 7 (Burlington)

Assemblywoman� ROSAURA "ROSY" BAGOLIE

District 27 (Essex and Passaic)

Co-Sponsored by:

Assemblywoman Haider

SYNOPSIS

���� Requires businesses receiving financial assistance
from EDA be prohibited from any gender gap payment practice to their
employees.�

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act

concerning certain financial assistance given by
the New Jersey Economic Development Authority and supplementing P.L.1974, c.80
(C.34:1B-1 et seq.).

����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:

���� 1.��� a.� The New Jersey
Economic Development Authority shall adopt, pursuant to the �Administrative
Procedure Act,� P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations requiring
that a business that receives financial assistance from the authority shall not
engage in the employment practice of gender discrimination against workers
employed at the business. �A business that receives financial assistance from
the authority shall submit to the authority written documentation, as
determined by the authority, verifying that the business is not engaging in
gender discrimination.

���� b.��� For the purposes of this
section:

���� �Business� means: a
corporation that is subject to the tax imposed pursuant to section 5 of
P.L.1945, c.162 (C.54:10A-5); a corporation that is subject to the tax imposed
pursuant to sections 2 and 3 of P.L.1945, c.132 (C.54:18A-2 and C.54:18A-3); a
corporation that is subject to the tax imposed pursuant to section 1 of
P.L.1950, c.231 (C.17:32-15) or N.J.S.17B:23-5; a partnership; an S
corporation; a limited liability company; or a non-profit corporation.

���� �Financial assistance� means
any loan, loan guarantee, grant, incentive, tax exemption, tax credit, or other
financial assistance that is approved, funded, authorized, administered, or
provided by the authority to any business.

���� �Gender discrimination� means
an employment practice in which a business discriminates between its employees
on the basis of sex by paying a rate of compensation, including benefits, to
employees of one sex less than the rate paid to employees of the other sex for
substantially similar work, when viewed as a composite of skill, effort, and
responsibility.

���� 2.��� This act shall take
effect immediately.

STATEMENT

���� This bill requires the New
Jersey Economic Development Authority (authority) to adopt rules and
regulations requiring that any business that receives financial assistance from
the authority is not to engage in gender discrimination against workers
employed at the business.� A business that receives financial assistance from
the authority is to submit written documentation, as determined by the
authority, verifying that the business is not engaging in gender
discrimination.� The bill defines �gender discrimination� as an employment
practice in which a business discriminates between its employees on the basis
of sex by paying a rate of compensation, including benefits, to employees of
one sex less than the rate paid to employees of the other sex for substantially
similar work, when viewed as a composite of skill, effort, and responsibility.