Creates Task Force on Higher Education Governance and Funding; appropriates $200,000.*

This bill (A4812) establishes a 15-member Task Force on Higher Education Governance and Funding to examine New Jersey's higher education system. The task force, appointed by the Governor, Senate President, and Assembly Speaker, includes representatives from public universities, community colleges, student groups, faculty unions, and alumni associations. It will study governance structures, funding mechanisms, oversight roles, and best practices from other states to assess how well the system meets current challenges. The task force must issue a final report with recommendations to the Governor and Legislature within one year, using $200,000 in state funds for administrative costs. The bill does not change funding or governance directly but creates a process for evaluating these systems.