S 3865 New Jersey Senate · 2024-2025 Regular Session

Concerns credit inquiries for rental applications.

This bill prohibits landlords from conducting hard credit inquiries (which can lower a tenant's credit score) when screening applicants for affordable housing. Landlords may only use soft credit inquiries (with applicant consent) for these applicants, as soft inquiries do not impact credit scores. The bill also requires credit agencies to count multiple hard credit inquiries for rental applications within one month as a single inquiry. Landlords violating these rules face $100 penalties for the first violation in a year, $100 for the second, and $200 for each subsequent violation in the same year, with the state required to post related information on its website within six months.
Bill status in committee 1 of 4 stages cleared
Introduction
Nov 2024
Committee Review
Floor Vote
Governor
Introduced Nov 18, 2024 Last action Jun 5, 2025
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Full legislative history

Actions timeline

Total actions
2
Key actions
1
Committee
1
Jun 5, 2025
Upper · Passed
Reported out of Senate Committee, 2nd Reading
upper
Nov 18, 2024
Introduced
Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee
upper
2 primary · 1 co-sponsor

Sponsors