l9n/ New Jersey

2026–2027 Session

Senate Bill 1420

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

With the Governor since 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 Senate

1 co-sponsor

Gordon M. Johnson

In the General Assembly

Its course

January 13 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 action7 actions on 5 days

In the SenateJan 13 to May 28135 days

CommerceJan 13 to May 18125 days

In the General AssemblyMay 28 to Oct 29154 days

HousingMay 28 to Oct 5130 days

With the GovernorFrom Oct 29

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 Senate Jan 13 – May 28

  1. Introduced in the Senate and sent to Commerce
  2. Commerce recommended it
  3. Read a second time
  4. Passed the Senate, 35 to 0

In the General Assembly May 28 – Oct 29

  1. Arrived in the General Assembly
  2. Sent to Housing
  3. Housing recommended it
  4. Read a second time
  5. Passed the General Assembly, 76 to 0, and so both houses
All 7 actions, as published