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NJ S3208
Bill
Status
5/13/2024
Primary Sponsor
Robert Singer
Click for details
AI Summary
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Higher education institutions that boycott Israeli goods, products, or businesses, or divest from companies supporting Israel, would be barred from receiving State operating aid
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Prohibited institutions would lose access to proceeds from State-supported revenue bonds issued by the New Jersey Educational Facilities Authority and State general obligation bonds
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Students at affected institutions would be ineligible for State student assistance or scholarship funds administered by the Higher Education Student Assistance Authority
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The restrictions apply to the entire institution including all endowment funds, subdivisions, departments, and sections that participate in the Boycott, Divestment, and Sanctions (BDS) movement
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Institutions may still sell or divest investments for legitimate prudent economic reasons without 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 in the Senate, Referred to Senate Higher Education Committee
5/13/2024