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NJ A1732

Bill

Status

Introduced

1/13/2026

Primary Sponsor

Verlina Reynolds-Jackson

Click for details

Origin

General Assembly

2026-2027 Regular Session

AI Summary

  • Appropriates $3 million annually from the Social Equity Excise Fee (collected on cannabis sales) to the Department of State for Freedom Schools in New Jersey, subject to approval by the Director of the Division of Budget and Accounting.

  • Redirects funds from the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund, specifically from the Social Equity Excise Fee revenue stream established under the state's regulated cannabis retail program.

  • Freedom Schools, supported by the New Jersey Office of Faith Based Initiatives, provide intensive academic summer programs and year-round tutoring and homework services to K-12 students and their families.

  • The bill would take effect immediately upon enactment.

Legislative Description

Appropriates $3 million annually to Freedom Schools in New Jersey using funds collected under Social Equity Excise Fee.

Community Development and Women's Affairs

Last Action

Reported and Referred to Assembly Community Development and Women's Affairs Committee

2/19/2026

Committee Referrals

Community Development and Womens Affairs Committee2/19/2026
Education1/13/2026

Full Bill Text

No bill text available