A 4952 New Jersey General Assembly · 2024-2025 Regular Session

Requires public institutions of higher education to disclose all financial donors.

This bill requires New Jersey's public colleges and universities to publicly disclose the names of all individuals and organizations that donated money to the institution or its student organizations. Institutions must publish this information on their websites by July 31 each year, showing all donors from the previous academic year without using placeholders like "unknown" or "not available." Failure to comply could result in fines determined by the Secretary of Higher Education, and repeated violations may lead to loss of tax-exempt status. The bill aims to increase transparency about financial relationships between public higher education institutions and their donors.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2024
Committee Review
Floor Vote
Governor
Introduced Oct 21, 2024 Last action Oct 21, 2024
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Oct 21, 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
Photo of Rosy Bagolie
Rosy Bagolie
DDemocratic
NJ
27