New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S733

Introduced
1/9/24  
Introduced
1/13/26  
Refer
1/9/24  

Caption

Requires State Division of Investment to review pension and annuity fund assets to determine extent to which assets are invested in businesses with ties to foreign adversaries.

Impact

The bill introduces a series of timelines before the restrictions take effect: starting three years after its enactment, certain products cannot be sold if they contain PFAS, while others, such as outdoor apparel designed for severe conditions, require clear labeling. Additionally, cookware with PFAS must adhere to stringent labeling protocols starting one year after the bill's enactment. The ramifications of the bill will foster a significant shift in how products are manufactured and marketed, leading to increased awareness and care surrounding consumer safety and environmental concerns.

Summary

Senate Bill 733 proposes the establishment of requirements and prohibitions concerning the sale, offer for sale, and distribution of products containing intentionally added per- and polyfluoroalkyl substances (PFAS) in New Jersey. The bill defines PFAS and targets specific consumer products, such as apparel, cosmetics, and cookware that contain these chemicals, leading to a phased prohibition on their sale for residential use. The legislation aims to enhance public health and environmental safety by significantly reducing the presence of these harmful substances in everyday products.

Sentiment

The overall sentiment toward SB 733 appears to be largely positive among environmental advocates and public health experts, as the bill addresses critical safety concerns related to PFAS exposure. However, there may be some resistance from manufacturers and retailers who could face challenges in adapting their products to comply with the new regulations. The sentiment reflects a broader societal push toward the regulation of toxic chemicals in consumer products, aligning with increasing demands for transparency and safety in the marketplace.

Contention

Points of contention surrounding SB 733 mainly focus on the practicality of compliance for manufacturers who may need to reformulate products to eliminate PFAS. There are concerns about the potential economic impacts this bill might have on industries reliant upon these chemicals for product performance. Moreover, the bill's provisions for penalties related to violations — including civil administrative penalties as high as $25,000 per day — may raise apprehension among those in the affected sectors regarding its enforcement and implications for business operations.

Companion Bills

NJ S3735

Carry Over Requires State Division of Investment to review pension and annuity fund assets to determine extent to which assets are invested in businesses with ties to foreign adversaries.

NJ A5600

Carry Over "Right to Mental Health for Individuals who are Deaf or Hard of Hearing Act"; establishes certain requirements concerning provision of mental health services to individuals who are deaf or hard of hearing.

Previously Filed As

NJ S326

Requires State Division of Investment to review pension and annuity fund assets to determine extent to which assets are invested in businesses with ties to foreign adversaries.

NJ S733

Establishes requirements and prohibitions for sale and distribution of certain products containing intentionally added perfluoroalkyl and polyfluoroalkyl substances.

NJ A797

Establishes requirements and prohibitions for sale and distribution of certain products containing intentionally added perfluoroalkyl and polyfluoroalkyl substances.

NJ S884

Prohibits investment by State of pension and annuity funds in Chinese pharmaceutical companies.

NJ SB3562

Disclosing Investments in Foreign Adversaries Act of 2025

NJ HB1023

RIFA Act Reporting on Investments in Foreign Adversaries Act

NJ S259

Prohibits investment by State of pension and annuity funds in hedge funds and derivative contracts.

NJ S3467

Prohibits investment of pension and annuity funds by State in entities that avoid Superfund obligations to State.

NJ HB1668

Creates the "Foreign Adversary Divestment Act", requiring the state and local government entities to divest from investments in foreign adversaries

NJ H0640

Adds to existing law to require certain governmental entities in Idaho to divest from investments in foreign adversaries.

Similar Bills

No similar bills found.