NJ S3525 | 2024-2025 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Engrossed on October 28 2024 - 50% progression
Action: 2025-01-14 - Received in the Senate, 2nd Reading on Concurrence
Text: Latest bill text (Amended) [HTML]

Summary

Requires financial institutions to allow mortgagors to make biweekly and semi-monthly payments and payments to mortgage principal.

Tracking Information

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Title

Requires financial institutions to allow mortgagors to make biweekly and semi-monthly payments and payments to mortgage principal.

Sponsors


Roll Calls

2024-12-19 - Assembly - Assembly Floor: Third Reading - Final Passage (Y: 72 N: 1 NV: 7 Abs: 0) [PASS]
2024-12-19 - Assembly - Assembly Floor: Substitute for A4893 (Voice Vote) (Y: 0 N: 0 NV: 0 Abs: 0) [PASS]
2024-12-09 - Assembly - Assembly Financial Institutions and Insurance Committee: Reported with Amendments (Y: 12 N: 0 NV: 1 Abs: 0) [PASS]
2024-10-28 - Senate - Senate Floor: Third Reading - Final Passage (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2024-09-30 - Senate - Senate Community and Urban Affairs Committee: Reported with Amendments (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2025-01-14SenateReceived in the Senate, 2nd Reading on Concurrence
2024-12-19AssemblyPassed by the Assembly (72-1-0)
2024-12-19AssemblySubstituted for A4893 (1R)
2024-12-09AssemblyReported out of Assembly Comm. with Amendments, 2nd Reading
2024-10-28AssemblyReceived in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee
2024-10-28SenatePassed by the Senate (39-0)
2024-09-30SenateReported from Senate Committee with Amendments, 2nd Reading
2024-09-12SenateTransferred to Senate Community and Urban Affairs Committee
2024-06-28SenateIntroduced in the Senate, Referred to Senate Commerce Committee

Same As/Similar To

A4893 (Same As) 2024-12-19 - Substituted by S3525 (2R)

Subjects


New Jersey State Sources


Bill Comments

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