Allows local government deferred compensation plans to invest in collective investment trusts.
Bill status
signed
all 5 stages cleared
Introduction
May 2022
Committee Review
May 2022
Senate Passage
Nov 2022
General Assembly Passage
Feb 2023
Signed into Law
May 2023
Introduced May 9, 2022
Signed May 8, 2023
Floor votes · Senate Nov 21, 2022 · General Assembly Feb 27, 2023
How they voted
35–0
Passed · 5 other
Total votes 40
Nov 21, 2022
D
Democratic25
88% Yea
R
Republican15
86% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
7
Key actions
4
Committee
1
May 8, 2023
Signed into law
Approved P.L.2023, c.43.
executive
Feb 27, 2023
Lower · Passed
Passed Assembly (Passed Both Houses) (78-0-0)
lower
Nov 21, 2022
Upper · Passed
Passed Senate (35-0)
upper
May 16, 2022
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
May 9, 2022
Introduced
Introduced in the Senate, Referred to Senate Commerce Committee
upper
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Clinton Calabrese
DDemocratic
P
John McKeon
DDemocratic
P
NP
Nellie Pou
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about S 2423
Scope: NJ
Hi! I can help you understand S 2423. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline