Became P.L.2025, c.56, on May 9, 2025.
2024–2025 Session
Senate Bill 3525
Requires financial institutions to allow mortgagors to make biweekly and semi-monthly payments and payments to mortgage principal.*
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor from Jun 26
Chief co-sponsor from Oct 7
3 co-sponsors
In the General Assembly
Sponsor from Dec 19
Shanique Speight, Joe Danielsen
Chief co-sponsors from Dec 19
Its course
June 28, 2024 to May 9, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action11 actions on 9 days
In the SenateJun 28 to Oct 28122 days
CommerceJun 28 to Sep 12 · moved on76 days
Community and Urban AffairsSep 12 to Sep 3018 days
In the General AssemblyOct 28 to Dec 1952 days
Financial Institutions and InsuranceOct 28 to Dec 942 days
Back in the SenateDec 19 to Mar 2495 days
With the GovernorMar 24 to May 946 days
Votes
Yeas to nays, as the Legislature recorded them. Committee votes are set in.
Community and Urban Affairs5–0
Do pass as amended · Sep 30
Who voted how
Yea Brian P. Stack, Carmen F. Amato Jr., Holly T. Schepisi, Renee C. Burgess, Troy Singleton
Senate, third reading39–0
Passed · Oct 28
Who voted how
Yea Andrew Zwicker, Angela V. McKnight, Anthony M. Bucco, Bob Smith, Brian P. Stack, Britnee N. Timberlake, Carmen F. Amato Jr., Declan J. O'Scanlon Jr., Douglas J. Steinhardt, Gordon M. Johnson, Holly T. Schepisi, James Beach, James W. Holzapfel, John F. McKeon, John J. Burzichelli, Jon M. Bramnick, Joseph A. Lagana, Joseph F. Vitale, Joseph P. Cryan, Joseph Pennacchio, Kristin M. Corrado, Latham Tiver, Linda R. Greenstein, M. Teresa Ruiz, Michael L. Testa Jr., Nicholas P. Scutari, Nilsa I. Cruz-Perez, Owen Henry, Parker Space, Patrick J. Diegnan Jr., Paul A. Sarlo, Paul D. Moriarty, Raj Mukherji, Renee C. Burgess, Robert W. Singer, Shirley K. Turner, Troy Singleton, Vin Gopal, Vincent J. Polistina
Not voting Nellie Pou
General Assembly, third reading72–1
Passed · Dec 19
Senate, third reading39–0
Passed · Mar 24, 2025
Amendments
Each amendment offered, and what became of it.
Senate committee amendmentAdopted
Adopted Sep 30
General Assembly committee amendmentAdopted
Adopted Dec 9
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the Senate Jun 28 – Oct 28
- Jun 28Introduced in the Senate and sent to Commerce
- Sep 12Sent to Community and Urban Affairs
- Sep 30Community and Urban Affairs recommended it as amended
- Read a second time
- Oct 28Passed the Senate, 39 to 0
In the General Assembly Oct 28 – Dec 19
- Oct 28Arrived in the General Assembly
- Sent to Financial Institutions and Insurance
- Dec 9Financial Institutions and Insurance recommended it as amended
- Read a second time
- Dec 19Passed the General Assembly, 72 to 1
Back in the Senate Jan 14, 2025 – Mar 24, 2025
- Jan 14, 2025Returned to the Senate to agree to the General Assembly's changes
- Mar 24, 2025Passed the Senate, 39 to 0, and so both houses
To the Governor May 9, 2025
- May 9, 2025Signed by the Governor
- Became P.L.2025, c.56