New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A4925

Introduced
12/5/22  

Caption

Prohibits professional sports organizations operated utilizing funds primarily received from sovereign wealth funds from hosting sport or athletic events in this State.

Impact

The bill's implications are significant as it directly impacts the ability of sports organizations funded through sovereign wealth to operate within New Jersey. Proponents argue that the measure is necessary to combat 'sportswashing', where countries utilize sports to divert attention from negative issues regarding human rights abuses and governance. Critics contend that this legislation directly targets specific organizations without considering the broader implications on sports tourism and economic activity in the state.

Summary

Assembly Bill A4925 aims to prohibit professional sports organizations that are funded primarily by sovereign wealth funds from hosting sporting events in New Jersey. This includes organizations such as LIV Golf, which has been highlighted for its ties to the Saudi Arabian Public Investment Fund (PIF). The bill insists that any event hosted by such organizations cannot be permitted or licensed by the state, counties, municipalities, or any political subdivisions, leading to temporary suspensions of relevant operating permits ranging from 30 to 120 days for any venues involved.

Contention

Notably, the bill raises several points of contention. Supporters view it as a moral stance against governments believed to exploit sporting platforms for political gains, while opponents suggest it may unfairly hinder lawful sporting events and affect New Jersey’s economy. The discussion surrounding A4925 touches upon broader themes related to international relations, economic development, and the ethical responsibilities of sports organizations funded by controversial state investments.

Companion Bills

NJ S3032

Same As Prohibits professional sports organizations operated utilizing funds primarily received from sovereign wealth funds from hosting sport or athletic events in this State.

Previously Filed As

NJ SB6235

Prohibiting certain private equity and sovereign wealth fund agreements in intercollegiate athletics.

NJ ACR26

Amends State Constitution to permit sports wagering through casinos and current or former horse racetracks on all college sport or athletic events.

NJ S08666

Restricts youth sports organizations and youth sports facilities from prohibiting attendees of youth sports events from recording personal media; provides exceptions related to safety or privacy, areas restricted to the general public, and uniform restrictions on all attendees unrelated to the purchase of a professional media package.

NJ S3692

Prohibits operation of certain prediction markets in this State; authorizes athletic event markets operating in compliance with sports wagering regulations; establishes public awareness campaign.

NJ A4689

Prohibits operation of certain prediction markets in this State; authorizes athletic event markets operating in compliance with sports wagering regulations; establishes public awareness campaign.

NJ S3200

Establishes hotline for reporting behavior negatively affecting integrity of sporting events and excludes persons responsible from future sports wagering activities; prohibits certain sports wagering advertisements; requires independent oversight of sports wagering operations to ensure integrity.

NJ A389

Establishes hotline for reporting behavior negatively affecting integrity of sporting events and excludes persons responsible from future sports wagering activities; prohibits certain sports wagering advertisements; requires independent oversight of sports wagering operations to ensure integrity.

NJ A09627

Restricts youth sports organizations and youth sports facilities from prohibiting attendees of youth sports events from recording personal media; provides exceptions related to safety or privacy, areas restricted to the general public, and uniform restrictions on all attendees unrelated to the purchase of a professional media package.

NJ SB1485

Prohibits certain professional sports entities from receiving tax credits

NJ S3401

Prohibits casino and sports wagering licensees from utilizing push notifications or text messages for promotional purposes.

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