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Capitol Report: Assembly Committee Advances LLC Disclosure Bill

By NJSBA Staff posted 22 days ago

  

The Assembly Commerce Committee advanced a bill that requires limited liability companies to disclose ownership information when submitting a deed for recording. S276 (Stack)/A1233 (Sauickie) is touted as a mechanism to disclose information on LLC-owned single-family homes intended for rental purposes so that there is a point of contact to enforce laws and deter illegal and unsafe practices. 

“The shield of anonymity afforded to LLCs can present significant challenges for tenants,” said bill sponsor Sen. Brian Stack. “It can make it more difficult for a tenant to understand who is responsible for services like building repairs or maintenance.”

The New Jersey State Bar Association raised concerns several years ago because of the existing alternative means that exist to disclose the individual or entity that is responsible for the property. The bill has since been narrowed to apply only to single-family homes where proponents of the bill say it is difficult to identify the responsible owner for repairs. 

“This bill addresses a statewide issue impacting municipalities in every corner of New Jersey,” said Assemblyman Alex Sauickie, the Assembly prime sponsor of the bill. “Local governments are increasingly dealing with LLC-owned single-family homes where ownership is hidden, laws are ignored, and residents and taxpayers pay the price.”

The bill heads to a full vote in the Assembly where, if passed, it will go to the governor. 

Supreme Court Seeks Comments on Definition of Technology-Related Subjects for CLE Requirement

The New Jersey Supreme Court is seeking comments on proposed amendments to the CLE regulations to include a definition of “technology-related subjects” and to mandate that at least one credit of the 24 required credits be in technology-related subjects. 

The Court proposes to include as technology related subjects “artificial intelligence (AI) and other emerging technologies affecting the overall practice of law and specific legal practice areas.” The definition cites to examples such as technologies used to gather electronic digital evidence and authentication of that evidence for use at trial; AI’s potential relevance to legal research, discovery practices, brief-writing and the preparation of court materials; and understanding cybersecurity features of tools for sending, receiving and storing digital information. 

The Court approved the new CLE requirement in April 2025 in a notice promising to provide further information on what “technology-related subjects” would include. The requirement will take effect on or after Jan. 1, 2027. 

Comments on the proposed amendments are due by Jan. 30 and may be submitted via email at [email protected] or by regular mail to: 

Hon. Michael J. Blee, J.A.D.
Acting Administrative Director of the Courts
Proposed Amendments to CLE Regulations (Technology-Related Subjects)
Hughes Justice Complex, Post Office Box 037
Trenton, New Jersey 08625-0037

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