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NJ A4419

Bill

Status

Introduced

5/16/2024

Primary Sponsor

Sean Kean

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • Higher education institutions that boycott Israeli goods, products, or businesses, or divest from companies supporting Israel, would be prohibited from receiving State operating aid

  • Affected institutions would lose access to proceeds from State-supported revenue bonds issued by the New Jersey Educational Facilities Authority and State general obligation bonds

  • Students enrolled at non-compliant institutions would be ineligible for State student assistance or scholarship programs administered by the Higher Education Student Assistance Authority

  • The prohibition applies to the entire institution including all endowment funds, subdivisions, departments, and sections that support or participate in the Boycott, Divestment, and Sanctions (BDS) movement

  • Divestments made for "prudent economic reasons" are explicitly exempted from triggering the funding prohibition

Legislative Description

Prohibits institution of higher education which boycotts or divests from Israel-supporting or Israeli businesses from receiving State funds.

Higher Education

Last Action

Introduced, Referred to Assembly Higher Education Committee

5/16/2024

Committee Referrals

Higher Education5/16/2024

Full Bill Text

No bill text available