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Bill > S1918


NJ S1918

NJ S1918
Prohibits mortgage loan discrimination based on familial status.


summary

Introduced
03/03/2022
In Committee
03/03/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Prohibits mortgage loan discrimination based on familial status.

AI Summary

This bill prohibits mortgage loan discrimination based on familial status. It defines key terms such as "Commissioner," "Depository institution," and "Familial status." The bill prohibits depository institutions from discriminating against any person in making mortgage loans or the terms and conditions of those loans based on familial status. Individuals who have been discriminated against can bring legal action, and the Commissioner of Banking and Insurance is empowered to investigate violations, order institutions to cease unlawful practices, and impose penalties for continued violations.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Commerce Committee (on 03/03/2022)

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