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.
Active
Passed Senate on May 28, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
1420
State
New Jersey
Session
222
Motion Text
3RDG FINAL PASSAGE
Senate Roll Call Votes
Other
Yes
Yes
Yes
Yes
Other
Other
Yes
Other
Yes
Yes
Summary
Unavailable
Statement SCM 5/18/26
Technical Report SCM 5/18/26 TR
Sort by most recent
05/28/2026
Assembly
Received in the Assembly, Referred to Assembly Housing Committee
05/28/2026
Senate
Passed Senate (35-0)
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
NJ Legislature
Open States
Record Created
Feb 7, 2026 10:49:50 PM
Record Updated
Jun 22, 2026 8:36:25 AM