Directs State Treasurer to debit from State operating aid allocated to public research university amount equal to costs incurred by institution in implementing agreements reached with certain student protestors.

This bill requires New Jersey's State Treasurer to reduce operating aid to public research universities by the exact amount spent by those institutions implementing agreements made with student protestors related to the Israel-Hamas conflict (starting October 7, 2023). It specifically targets costs like accepting displaced Gazan students, creating an Arab Cultural Center, hiring staff focused on Middle East studies, establishing a Palestinian studies center, and providing amnesty for participants in anti-Semitic protests. The bill directs these deductions from state funds allocated to universities, rather than requiring new spending. It applies to all public research universities defined under New Jersey law and takes effect immediately.