Requires funds received by NJ from lawsuits in which AG participated be held in escrow by certain financial...
The bill mandates that at least 50% of funds from lawsuits involving the Attorney General be deposited in specified financial institutions. These institutions must meet certain criteria regarding location, licensing, and deposit amounts.
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S 4262 — Requires funds received by NJ from lawsuits in which AG participated be held in escrow by certain financial institutions.
Last action — REF SCM
No card. One bill, free forever — alerts when it moves.
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1Introduced
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2In Committee
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3Passed Senate
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4Passed General Assembly
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5To Executive
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6Enacted
This bill has been introduced in the Senate. Introduced May 14, 2026. It must pass committee before a floor vote.
Next likely step: a committee referral and hearing.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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Introduced
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 D).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
In plain language
Requires New Jersey to hold lawsuit funds in escrow at certain financial institutions.
The bill mandates that at least 50% of funds from lawsuits involving the Attorney General be deposited in specified financial institutions. These institutions must meet certain criteria regarding location, licensing, and deposit amounts.
Summary
Funds held in escrow, certain-concerns
Bill Text
- Introduced View text Current html May 15, 2026
Action History
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REF SCM
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REP 2RS
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INT 1RS REF SSG
Sponsors
- Vin Gopal · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 119 not signed on
Sponsors (1)
- Gopal, Vin Democrat
Co-sponsors (0)
None.
Not signed on (119)
119 members have not signed on to this bill.
Show all 119 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 3 | 0 | 0 | 0 |
| Republican | 1 | 0 | 0 | 1 |
| Total | 4 | 0 | 0 | 1 |
| % of votes cast | 80% | 0% | 0% | 20% |
How each member voted (5)
| Member | Party | Vote |
|---|---|---|
| Beach, James | Democrat | Yea |
| McKnight, Angela V. | Democrat | Yea |
| Turner, Shirley K. | Democrat | Yea |
| Holzapfel, James W. | Republican | Not Voting |
| Polistina, Vincent J. | Republican | Yea |
Subjects
Frequently asked questions
- What does S 4262 do?
- Funds held in escrow, certain-concerns
- Who sponsors S 4262?
- S 4262 is sponsored by Gopal, Vin (Democrat).
- What is the current status of S 4262?
- This bill has been introduced in the Senate. Introduced May 14, 2026. It must pass committee before a floor vote.
- Where can I track S 4262?
- Track S 4262 free on One Click Politics — get push/email alerts when it moves.
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