Bill Commons

NJ S 1420

passed one chamber

Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.

New Jersey · 222 · upper

Quick answers

Did NJ S 1420 pass?

Not yet. NJ S 1420 has passed one chamber and awaits action in the other as of 2026-05-28. Latest recorded action (2026-05-28): Received in the Assembly, Referred to Assembly Housing Committee

What is NJ S 1420 about?

NJ S 1420 is a bill in the 222 titled “Exempts reverse mortgage transaction from requirement that secondary mortgage loan payments be made in equal amounts and payment periods.”.

Who sponsors NJ S 1420?

Lagana, Joseph A., Singer, Robert W. are the primary sponsors of NJ S 1420, joined by 1 cosponsor.

Introduced
2026-01-13
Latest action
2026-05-28 — Received in the Assembly, Referred to Assembly Housing Committee
Bill type
bill
Last updated
—

Sponsors

  • Lagana, Joseph A.primary
  • Singer, Robert W.primary
  • Johnson, Gordon M.cosponsor

Committees

Not provided by source.

Action timeline

  1. 2026-01-13

    Introduced in the Senate, Referred to Senate Commerce Committee

    introduction,referral-committee

  2. 2026-05-18

    Reported from Senate Committee, 2nd Reading

    reading-2

  3. 2026-05-28

    Passed by the Senate (35-0)

  4. 2026-05-28

    Received in the Assembly, Referred to Assembly Housing Committee

    referral-committee

Versions

Documents

Votes

Not provided by source.

Related bills

Official source

https://www.njleg.state.nj.us/bill-search/2026/S1420

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:27:43.923511Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Use this data

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Known limitations

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  • Committee referrals are not yet captured.

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