l9n/ New Jersey

2026–2027 Session

Assembly Bill 5389

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

Did not become law. It stopped in the General Assembly on October 29, 2026.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the General Assembly

Its course

September 10 to October 29, 2026, 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 action4 actions on 3 days

In the General AssemblySep 10 to Oct 29 · stopped49 days

Financial Institutions and InsuranceSep 10 to Oct 5 · moved on25 days

HousingOct 5 to Oct 50 days

Votes

Yeas to nays, as the Legislature recorded them. Committee votes are set in.

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 General Assembly Sep 10 – Oct 29

  1. Introduced in the General Assembly and sent to Financial Institutions and Insurance
  2. Sent to Housing
  3. Housing recommended it
  4. Read a second time
  5. Carried on in S1420
All 4 actions, as published