NJ S1226 | 2020-2021 | Regular Session
Note: Carry Foward to future S1346
Note: Carry Over of previous S1811
Note: Carry Over of previous S1811
Status
Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-03 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 3 2020 - 25% progression, died in committee
Action: 2020-02-03 - Introduced in the Senate, Referred to Senate Commerce Committee
Pending: Senate Commerce Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes pre-loan counseling requirements and borrower right of rescission for reverse mortgage loans.
Title
Establishes pre-loan counseling requirements and borrower right of rescission for reverse mortgage loans.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2020-02-03 | Senate | Introduced in the Senate, Referred to Senate Commerce Committee |
Same As/Similar To
S1226 (Carry Over) 2020-02-03 - Introduced in the Senate, Referred to Senate Commerce Committee
S1811 (Carry Over) 2018-02-08 - Introduced in the Senate, Referred to Senate Commerce Committee
S1811 (Carry Over) 2018-02-08 - Introduced in the Senate, Referred to Senate Commerce Committee
Subjects
New Jersey State Sources
| Type | Source |
|---|---|
| Summary | https://www.njleg.state.nj.us/bill-search/2020/S1226 |
| Text | https://pub.njleg.gov/Bills/2020/S1500/1226_I1.HTM |
