2024-2025 Regular Session • New Jersey Legislature
A4893
Legislative Summary
Requires financial institutions to allow mortgagors to make biweekly and semi-monthly payments and payments to mortgage principal.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
10/17/2024
Introduced, Referred to Assembly Financial Institutions and Insurance Committee
General Assembly
12/9/2024
Reported out of Assembly Comm. with Amendments, 2nd Reading
General Assembly
12/19/2024
Substituted by S3525 (2R)
General Assembly
Roll Call Votes
Assembly Financial Institutions and Insurance Committee: Reported with Amendments
12/9/2024
12
Yea
0
Nay
1
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(10/17/2024)
Chamber
General Assembly
Sponsors
Democrat: 16
Primary Sponsor
Tennille McCoy
Democrat
Co-Sponsors (15)
Shanique Speight
Democrat
Joe Danielsen
Democrat
Verlina Reynolds-Jackson
Democrat
Linda Carter
Democrat
Jessica Ramirez
Democrat
Gabriel Rodriguez
Democrat
Barbara McCann Stamato
Democrat
Wayne DeAngelo
Democrat
Kevin Egan
Democrat
Mitchelle Drulis
Democrat
Carmen Morales
Democrat
Michael Venezia
Democrat
Julio Marenco
Democrat
Reginald Atkins
Democrat
Benjie Wimberly
Democrat