Bill Text: NJ S5021 | 2024-2025 | Regular Session | Introduced

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Bill Title: Amends Fiscal Year 2026 annual appropriations act to expand authorized use of grant funding for Centenary University.

Sponsorship: Bipartisan Bill

Status: (Passed) 2026-01-20 - Approved P.L.2025, c.338. [S5021 Detail]

Download: New_Jersey-2024-S5021-Introduced.html

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SENATE, No. 5021

STATE OF NEW JERSEY

221st LEGISLATURE

 

INTRODUCED DECEMBER 18, 2025

 

 

Sponsored by:

Senator  PAUL A. SARLO

District 36 (Bergen and Passaic)

Senator  DOUGLAS J. STEINHARDT

District 23 (Hunterdon, Somerset and Warren)

 

 

 

 

SYNOPSIS

     Amends Fiscal Year 2026 annual appropriations act to expand authorized use of grant funding for Centenary University.

 

CURRENT VERSION OF TEXT

     As introduced.

  

An Act amending P.L.2025, c.74, the Fiscal Year 2026 annual appropriations act, to clarify distribution of certain grants-in-aid to independent institutions of higher education.

 

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

 

     1.    The following line item in section 1 of P.L.2025, c.74, the annual appropriations act for State Fiscal Year 2026, is amended to read as follows:

 

82 DEPARTMENT OF THE TREASURY

30 Educational, Cultural, and Intellectual Development

36 Higher Educational Services

 

GRANTS-IN-AID

47-2155  Support to Independent Institutions..............$20,266,000

                   Total Grants-in-Aid Appropriation, Higher

                   Educational Services...........................$124,300,000

Grants-in-Aid:

            47        Centenary University [- Capital

                        Improvements]...............($1,500,000)

 

     2.    This act shall take effect immediately.

 

 

STATEMENT

 

     This bill amends the annual appropriations act for Fiscal Year 2026 to expand the authorized use of grant funding for Centenary University.

     Currently, the Fiscal Year 2026 appropriations act provides a $1,500,000 grants-in-aid appropriation to Centenary University for capital improvements.  The bill amends this line-item appropriation to remove the requirement that the funds be used solely for capital improvements.  By removing this requirement, these funds could be used by the university for general purposes.  This bill does not increase appropriations in the Fiscal Year 2026 appropriations act.