Establishes certain requirements concerning charter school financial reporting and prohibits charter school from contracting with for-profit charter management organization.
New Jersey bill A 2526 prohibits charter schools from contracting with for-profit charter management organizations (CMOs), requiring all CMOs to be nonprofit. It mandates that charter schools annually submit detailed budgets - including all revenues, expenses, and in-kind contributions - to the Commissioner of Education for review. The bill also requires schools to post simplified budget summaries online and make annual audit reports public, including financial details about CMOs and their donors. These provisions aim to increase financial transparency for charter schools and their management organizations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
How they voted
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Education Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Rosy Bagolie
DDemocratic
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