---
type: "Bill"
title: "Modifies capital reserve funding requirements for certain planned real estate developments."
description: "Modifies capital reserve funding requirements for certain planned real estate developments."
jurisdiction: "us/states/nj"
legislature: "New Jersey Legislature"
session: "221"
identifier: "S 3992"
citation: "New Jersey S 3992 (221)"
classification: ["bill"]
subjects: ["HOUSING FIN", "LAND USE"]
status: "enacted"
primary_sponsors: ["Lopez, Yvonne", "McCoy, Tennille R.", "Singleton, Troy", "Stanley, Sterley S."]
version_count: 2
action_count: 9
vote_count: 4
first_action: "2024-12-19T05:00:00+00:00"
last_action: "2025-08-21T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/04da6319-c7fd-4147-a19a-cee7118fdd80"
source_url: "https://pub.njleg.state.nj.us/leg-databases/"
source_hash: "323b58cd0ca9fb5d8570f57d56cb218542dba9f72deace8a9e1d5a3aa65ef1da"
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 3992 (221) — Modifies capital reserve funding requirements for certain planned real estate developments.

## Version chain

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

1. **Introduced Version** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S4000/3992_I1.HTM)
2. **Reprint Senate 3/24/25 1R** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2024/S4000/3992_R1.HTM)

## Votes

- Reported favorably out of committee — **6–0** (pass) · lower
- 3RDG FINAL PASSAGE — **38–0** (pass) · upper
- 3RDG FINAL PASSAGE — **78–0** (pass) · lower
- Reported favorably out of committee — **4–0** (pass) · upper

## Sponsors

- Lopez, Yvonne — primary (person)
- McCoy, Tennille R. — primary (person)
- Singleton, Troy — primary (person)
- Stanley, Sterley S. — primary (person)

## Timeline

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

- **2024-12-19T05:00:00+00:00** Introduced in the Senate, Referred to Senate Community and Urban Affairs Committee `introduction, referral-committee`
- **2025-01-30T05:00:00+00:00** Reported out of Senate Committee, 2nd Reading `committee-passage`
- **2025-03-24T04:00:00+00:00** Senate Amendment (Voice) (Ruiz) `amendment-passage`
- **2025-06-02T04:00:00+00:00** Passed Senate (38-0) `passage`
- **2025-06-12T04:00:00+00:00** Received in the Assembly, Referred to Assembly Housing Committee `referral-committee`
- **2025-06-19T04:00:00+00:00** Reported out of Assembly Committee, 2nd Reading `committee-passage`
- **2025-06-30T04:00:00+00:00** Substituted for A5844
- **2025-06-30T04:00:00+00:00** Passed Assembly (Passed Both Houses) (78-0-1) `passage`
- **2025-08-21T04:00:00+00:00** Approved P.L.2025, c.132. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/04da6319-c7fd-4147-a19a-cee7118fdd80`. Confidence: reported (aggregated from official New Jersey legislature records).