Appropriates $3 million annually to Freedom Schools in New Jersey using funds collected under Social Equity Excise Fee.

This bill directs $3 million in annual funding from the Social Equity Excise Fee, a tax on cannabis sales, to support Freedom Schools across New Jersey. The money will be allocated to the Department of State to provide financial assistance for these programs, which offer academic summer classes and year-round tutoring and homework help to K-12 students and their families. The legislation overrides previous funding restrictions to ensure this specific revenue stream is used for this purpose. The act takes effect immediately upon passage.