---
type: "Bill"
title: "Concerns refunds following terminations or cancellations of guaranteed asset protection waivers."
description: "Concerns refunds following terminations or cancellations of guaranteed asset protection waivers."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "218"
identifier: "S 2994"
citation: "New Jersey S 2994 (218)"
classification: ["bill"]
subjects: ["COMMERCE", "CONSUMER PRO"]
status: "enacted"
primary_sponsors: ["Freiman, Roy", "McKeon, John F.", "Ruiz, M. Teresa", "Schaer, Gary S."]
version_count: 1
action_count: 7
vote_count: 3
first_action: "2018-09-27T04:00:00+00:00"
last_action: "2019-07-19T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/d1732d22-8b03-47b1-8054-5c6a17b99cac"
source_url: "http://www.njleg.state.nj.us/downloads.asp"
source_hash: "7e3f5160b5d10b05b7a8823c2e7905d28b5d86cc8ef8170121bde97ebc067201"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nj"]
---

# New Jersey S 2994 (218) — Concerns refunds following terminations or cancellations of guaranteed asset protection waivers.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced Version** (committee substitute) — [source](http://www.njleg.state.nj.us/2018/Bills/S3000/2994_I1.HTM)

## Votes

- 3RDG FINAL PASSAGE — **38–0** (pass) · upper
- Reported favorably out of committee — **5–0** (pass) · upper
- 3RDG FINAL PASSAGE — **75–0** (pass) · lower

## Sponsors

- Freiman, Roy — primary (person)
- McKeon, John F. — primary (person)
- Ruiz, M. Teresa — primary (person)
- Schaer, Gary S. — primary (person)
- Karabinchak, Robert J. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-09-27T04:00:00+00:00** Introduced in the Senate, Referred to Senate Commerce Committee `introduction, referral-committee`
- **2018-12-03T05:00:00+00:00** Reported out of Senate Committee, 2nd Reading `committee-passage`
- **2019-05-30T04:00:00+00:00** Passed Senate (38-0) `passage`
- **2019-06-06T04:00:00+00:00** Received in the Assembly without Reference, 2nd Reading
- **2019-06-20T04:00:00+00:00** Substituted for A4987
- **2019-06-20T04:00:00+00:00** Passed Assembly (Passed Both Houses) (75-0-0) `passage`
- **2019-07-19T04:00:00+00:00** Approved P.L.2019, c.181. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d1732d22-8b03-47b1-8054-5c6a17b99cac`. Confidence: reported (aggregated from official New Jersey legislature records).