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NJ S3886
Bill
Status
3/12/2026
Primary Sponsor
Angela Mcknight
Click for details
AI Summary
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Appropriates $3 million annually from the Social Equity Excise Fee (assessed on cannabis sales) to the Department of State for Freedom Schools in New Jersey
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Redirects funds from the Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund, specifically from the Social Equity Excise Fee revenue stream
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Freedom Schools are supported by the New Jersey Office of Faith Based Initiatives and provide K-12 students with intensive summer academic programs, tutoring, and homework assistance throughout the school year
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Funding is subject to approval by the Director of the Division of Budget and Accounting
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Takes effect immediately upon enactment
Legislative Description
Appropriates $3 million annually to Freedom Schools in New Jersey using funds collected under Social Equity Excise Fee.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
3/12/2026