NJ S3630

Imposes an 8% fee on private prison operators based on the value of their contracts with federal, state, county, or municipal entities for correctional services, with revenues funding the "Detention and Deportation Defense Initiative Support Fund" for legal services through higher education institutions.

Requires private correctional facility operators to pay $15 per inmate per day of detention, with monthly reporting to the Division of Taxation.

Establishes a 3% corporate surtax on the allocated taxable net income of private prison operators, in addition to existing Corporation Business Tax obligations.

Creates the "Private Prison Societal Rehabilitation Support Fund" to receive revenues from the per-inmate fee and corporate surtax, dedicating funds to community programs for food security, housing, recreation, job training, and youth mentorship.

Takes effect immediately upon enactment and applies to taxable years and privilege periods beginning in January of the following year.