KLS Keeping Law Simple Legislation in plain English

Straight-ahead summaries built from the official bill text. We keep the source links front and center and leave the decision up to you.

Back to New Jersey

S4146 • 2026

Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.

Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.

Labor
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Cryan, Joseph P.
Last action
2026-05-11
Official status
Introduced in the Senate, Referred to Senate Labor Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.

Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.

What This Bill Does

  • Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.
  • Topic: Labor Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-05-11 New Jersey Legislature

    Introduced in the Senate, Referred to Senate Labor Committee

Official Summary Text

Requires certain employers to provide certain employees with notifications concerning federal Public Service Loan Forgiveness program.
Topic:
Labor
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text 
S4146

SENATE, No. 4146

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED MAY 11, 2026

Sponsored by:

Senator� JOSEPH P. CRYAN

District 20 (Union)

SYNOPSIS

���� Requires certain employers to provide certain
employees with notifications concerning federal Public Service Loan Forgiveness
program.

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act

concerning the
explanation of benefits to new employees and supplementing Title 34 of the
Revised Statutes.

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

���� 1.��� An employer in the State
who is designated as a qualifying employer under the
federal
Public Service Loan Forgiveness Program (PSLF), established under the �College
Cost Reduction and Access Act� (20 U.S.C. s.1087e),
shall notify an
employee during the explanation of benefits conducted at the beginning of
employment of:

���� a.���� potential eligibility
for the PSLF program; and

���� b.��� the requirements to be
eligible for the PSLF program, which include, but are not limited to, the
following:

���� (1)�� employment with a qualifying
employer;

���� (2)�� a work schedule of at
least 30 hours per week with the qualifying employer or a schedule that meets
the qualifying employer�s definition of full-time work, whichever is greater;

���� (3)�� a balance with the
William D. Ford Federal Direct Loan (Direct Loan) Program offered by the U.S.
Department of Education or consolidation of other federal student loans into a
Direct Loan;

���� (4)��
repayment
of a Direct Loan under an income-driven repayment plan; and

���� (5)�� payment of 120 monthly
payments.

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

STATEMENT

���� This bill requires an employer
in the State who is designated as a qualifying employer under the federal
Public Service Loan Forgiveness Program (PSLF), established under the �College
Cost Reduction and Access Act,� to provide information concerning the PSLF program
to employees during the explanation of benefits conducted at the beginning of
employment.

���� Under this bill, a qualifying
employer will be required to notify an employee about potential eligibility for
the PSLF program and of the requirements to qualify for the PSLF program, which
include, but are not limited to, the following:

�

employment by a
qualifying employer;

�

a work schedule
of at least 30 hours per week for the qualifying employer or a schedule that
meets the qualifying employer�s definition of full-time work, whichever is
greater;

�

a balance with
the William D. Ford Federal Direct Loan (Direct Loan) Program offered by the
U.S. Department of Education or consolidation of other federal student loans
into a Direct Loan;

�

repayment of
loans under an income-driven repayment plan; and

�

�payment of 120
payments.