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NJ S3044
Bill
Status
Introduced
1/13/2026
Primary Sponsor
Benjie Wimberly
Click for details
AI Summary
- Prohibits school districts under State intervention that have not met governance effectiveness standards from entering building lease agreements where total lease costs would exceed the purchase price of the building
- Applies to both the school district directly and the State acting on behalf of the district
- Targets districts that have not successfully had governance returned to local control
- Takes effect immediately upon enactment
- Sponsored by Senator Benjie E. Wimberly (District 35, Bergen and Passaic counties) for the 2026 legislative session
Legislative Description
Prohibits certain school districts under State intervention from leasing building if purchase price would be less than total costs of lease.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
1/13/2026
Committee Referrals
Education1/13/2026
Full Bill Text
No bill text available