NJ S3437

County library commissions and boards of trustees for regional, municipal, or joint public libraries may dispose of library materials (books, periodicals, maps, recordings, films, audiovisual materials, etc.) without advertising for bids, matching their existing authority to purchase such materials without bidding.

Boards of education and local government contracting units may sell personal property valued between 15% and 100% of the bid threshold through private sale if the purchasing agent solicits at least two competitive offers, with property going to the highest bidder.

Personal property valued at less than 15% of the bid threshold may be sold at private sale without advertising for bids or soliciting competitive offers.

Property valued below 15% of the bid threshold may be donated to government entities, other boards of education, contracting units, or nonprofit corporations, provided the property is not used for political, partisan, sectarian, or religious purposes.

The bill takes effect immediately and amends the Public School Contracts Law, Local Public Contracts Law, and statutes governing county and municipal library boards.