Revises training requirements for governing board members of public institutions of higher education.

This bill shortens the training timeline for governing board members at New Jersey's public colleges and universities from one year to six months after appointment, and requires all members to complete training within six months of each new term. The Secretary of Higher Education, not the institutions, will now set the training content to cover governance roles, ethics, financial management, legal issues, and board fiduciary responsibilities. Members who miss the deadline face a 30-day grace period, and failure to complete training may result in resignation and a two-year disqualification from serving on any public higher education governing board. The bill also repeals an outdated section of law and appropriates $350,000 annually for implementation.