Bill Text: NJ A4538 | 2024-2025 | Regular Session | Introduced

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Bill Title: Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than two percent over prior academic year.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced) 2024-06-13 - Introduced, Referred to Assembly Higher Education Committee [A4538 Detail]

Download: New_Jersey-2024-A4538-Introduced.html

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ASSEMBLY, No. 4538

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED JUNE 13, 2024

 

 

Sponsored by:

Assemblyman  CODY D. MILLER

District 4 (Atlantic, Camden and Gloucester)

 

Co-Sponsored by:

Assemblyman Hutchison

 

 

 

 

SYNOPSIS

     Prohibits public institutions of higher education from increasing resident undergraduate tuition by more than two percent over prior academic year.

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act concerning tuition rates at public institutions of higher education and supplementing chapter 62 of Title 18A of the New Jersey Statutes.

 

     Be It Enacted by the Senate and General Assembly of the State of New Jersey:

 

     1.    Notwithstanding the provisions of any law, rule, or regulation to the contrary, a public institution of higher education shall not increase the institution's resident undergraduate tuition rates for any academic year by more than two percent over the institution's resident undergraduate tuition rates for the prior academic year.

 

     2.    This act shall take effect immediately and shall first apply to the first full academic year following the date of enactment.

 

 

STATEMENT

 

     This bill prohibits a public institution of higher education from increasing the institution's resident undergraduate tuition rates for any academic year by more than two percent over the institution's resident undergraduate tuition rates for the prior academic year.