Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.
This bill requires all New Jersey public colleges and universities (including Rutgers, NJIT, Rowan, and county colleges) to submit an annual report to the Secretary of Higher Education by January 1st. The report must detail all capital projects in planning or construction, including project names, locations, costs, funding sources, bond issuance plans, and the institution's total bonded debt. The Secretary must then post each institution's report on a publicly accessible website. This creates transparency about how public funds are used for construction projects across state higher education institutions. The bill takes effect immediately upon passage.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024
Last action Jan 9, 2024
Floor votes
How they voted
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Higher Education Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jay Webber
RRepublican
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