Prohibits local government from naming its property after foreign terrorist organization.

This bill (A 1634) prohibits New Jersey local governments - including municipalities, counties, school districts, and public agencies - from naming public property (like roads, schools, parks, or buildings) after groups designated as foreign terrorist organizations by the federal government, excluding recognized sovereign nations. Local governments must remove existing names within 30 days and rename affected property within 90 days, with the state reimbursing associated costs. Violations trigger daily deductions from state aid, calculated by dividing annual aid by the number of fiscal days. The Division of Local Government Services must maintain and publish an annual list of designated terrorist groups for compliance.