New Jersey Signs Comprehensive Consumer Privacy Law

Governor Phil Murphy signed Senate Bill No. 332 into law on January 16, 2024.

Senate Bill No. 332 (SB 332) establishes obligations for "controllers," classified as entities or individuals conducting business in New Jersey that determine the purpose and means of processing personal data. To meet the thresholds of the law, entities must control/process:

  • the data of at least 100,000 consumers (excluding payment transaction data); or
  • the personal data of at least 25,000 consumers and the controller derives revenue or receives a discount on the price of any goods or services from the sale or personal data.

Similar to most other state's consumer privacy law, SB 332 exempts employment data from its scope, stating that "consumers shall not include a person acting in a commercial or employment context." Additionally, the law exempts personal data collected, processed or sold by consumer reporting agencies under the Fair Credit Reporting Act ("FCRA"), and protected health information ("PHI") collected by a covered entity or business associate under the Health Insurance and Portability and Accountability Act ("HIPAA"). SB 332 also provides exemptions for financial institutions, data, or affiliates of financial institutions subject to the Gramm-Leach-Bliley Act ("GLBA").

Posted: February 6, 2024

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This document and/or presentation is provided as a service to our customers. Its contents are designed solely for informational purposes, and should not be inferred or understood as legal advice or binding case law, nor shared with any third parties. Persons in need of legal assistance should seek the advice of competent legal counsel. Although care has been taken in preparation of these materials, we cannot guarantee the accuracy, currency or completeness of the information contained within it. Anyone using this information does so at his or her own risk.

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