This bill aims to protect consumers who utilize vouchers from government assistance programs, such as the Work First New Jersey program, by prohibiting self-service storage facilities from imposing certain punitive fees when payments are delayed due to the issuing authority of the voucher. Specifically, the bill forbids owners of these facilities from charging late fees, pre-foreclosure fees, or fees to unlock access to storage units leased by individuals paying with vouchers under the specified circumstances.
Violations of this bill will incur a civil penalty of $1,000 for the first offense, which will be enforced by the Director of Consumer Affairs. Subsequent violations will be classified as unlawful practices under the consumer fraud act, leading to more severe penalties, including fines up to $20,000, cease and desist orders, and potential treble damages for affected consumers. The bill is set to take effect immediately upon passage.