Bill Sponsor
New Jersey Senate Bill 1420
Session 222
Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.
Introduced
Introduced
Introduced in Senate on Jan 13, 2026
Sponsors
First Action
Jan 13, 2026
Latest Action
May 18, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
1420
State
New Jersey
Session
222
Sponsorship by Party
Democrat
Primary
Republican
Primary
Senate Votes (1)
checkPassed on May 18, 2026
Motion Text
Reported favorably out of committee
Senate Roll Call Votes
Summary
Unavailable
Actions (2)
05/18/2026
Senate
Reported out of Senate Committee, 2nd Reading
01/13/2026
Senate
Introduced in the Senate, Referred to Senate Commerce Committee
Sources
Record Created
Feb 7, 2026 10:49:50 PM
Record Updated
May 27, 2026 2:43:51 AM