A 2690 New Jersey General Assembly · 2024-2025 Regular Session

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
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Higher Education Committee
lower
1 primary · 0 co-sponsors

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Legislator
Party
State
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P
Photo of Jay Webber
Jay Webber
RRepublican
NJ
26