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NJ S5021

Bill

Official Source

Status

Passed

1/20/2026

Primary Sponsor

Paul Sarlo

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Removes the restriction that Centenary University's $1,500,000 state grant must be used solely for capital improvements
  • Allows the university to use the grant funding for general purposes instead of being limited to capital projects
  • Does not increase the total appropriation amount—the $1,500,000 remains the same, only the permitted uses change
  • Amends line item 47-2155 (Support to Independent Institutions) within the Department of Treasury's Higher Educational Services grants-in-aid

Legislative Description

Amends Fiscal Year 2026 annual appropriations act to expand authorized use of grant funding for Centenary University.

Bills and Joint Resolutions Signed by the Governor

Last Action

Approved P.L.2025, c.338.

1/20/2026

Committee Referrals

Appropriations1/2/2026

Full Bill Text

No bill text available