Prohibits public institutions of higher education from accepting gifts and donations from foreign adversaries.

This bill prohibits New Jersey's public colleges and universities from accepting gifts or donations from entities designated as "foreign adversaries" by the U.S. Secretary of Commerce. A "foreign adversary" is defined as a foreign government or non-government entity that has engaged in conduct significantly harming U.S. national security or safety. The law directly affects all public higher education institutions in New Jersey, banning them from receiving funds from such entities or individuals acting on their behalf. It takes effect immediately upon enactment.