Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.*
Bill status
signed
all 5 stages cleared
Introduction
Dec 2022
Committee Review
Jun 2023
Senate Passage
Jun 2023
General Assembly Passage
Jun 2023
Signed into Law
Jul 2023
Introduced Dec 19, 2022
Signed Jul 20, 2023
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
8
Key actions
4
Committee
2
Jul 20, 2023
Signed into law
Approved P.L.2023, c.115.
executive
Jun 30, 2023
Lower · Passed
Passed Assembly (Passed Both Houses) (77-0-0)
lower
Jun 30, 2023
Upper · Passed
Passed Senate (37-0)
upper
Jun 27, 2023
Upper · Passed
Reported out of Senate Committee with Amendments, 2nd Reading
upper
Jun 20, 2023
Committee
Transferred to Senate Budget and Appropriations Committee
upper
Dec 19, 2022
Introduced
Introduced in the Senate, Referred to Senate Higher Education Committee
upper
5 primary · 11 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Cryan
DDemocratic
P
John McKeon
DDemocratic
P
Linda Carter
DDemocratic
P
MM
Mila M. Jasey
DDemocratic
P
Vin Gopal
DDemocratic
Co
Angela McKnight
DDemocratic
Co
AM
Angelica M. Jimenez
DDemocratic
Co
AC
Annette Chaparro
DDemocratic
Co
Benjie Wimberly
DDemocratic
Co
Brian Stack
DDemocratic
Co
DR
Daniel R. Benson
DDemocratic
Co
Joe Danielsen
DDemocratic
Co
Raj Mukherji
DDemocratic
Co
Shanique Speight
DDemocratic
Co
Shirley Turner
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about S 3406
Scope: NJ
Hi! I can help you understand S 3406. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline