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Mukherji & DeAngelo Legislation to Waive Licensing Fee for Certain Veterans Passes Full Assembly; Heads to Governor

As part of the Assembly’s ongoing efforts to provide assistance to New Jersey veterans, legislation (A-1924) exempting veterans from having to pay the initial fee to become licensed as an insurance agent (also referred to as a producer) unanimously passed the full Assembly Monday. Upon its passage, Assembly sponsors Raj Mukherji (D-Hudson) and Wayne DeAngelo (D-Mercer and Middlesex) released the following joint statement:

“Military members dedicate themselves in service to our country, putting their safety on the line and making sacrifices on behalf of their fellow Americans. Upon being honorably discharged, soldiers return to civilian life and re-enter the workforce as they seek out new employment. It’s important for our state to support their career endeavors by offering well-deserved benefits such as exemption from certain licensing fees. This legislation will make it a little easier for our veterans to get involved in the insurance industry by eliminating the initial fee they would otherwise have to pay to become a producer.”