Bill Text: NJ S2727 | 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 four percent over prior academic year.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-02-15 - Introduced in the Senate, Referred to Senate Higher Education Committee [S2727 Detail]

Download: New_Jersey-2024-S2727-Introduced.html

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SENATE, No. 2727

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED FEBRUARY 15, 2024

 

 

Sponsored by:

Senator  SHIRLEY K. TURNER

District 15 (Hunterdon and Mercer)

 

 

 

 

SYNOPSIS

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

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act concerning undergraduate 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 four 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 four percent over the institution's resident undergraduate tuition rates for the prior academic year.