New Jersey 2022-2023 Regular Session

New Jersey Senate Bill S3388

Introduced

12/15/22

Refer

12/15/22

Caption

Redirects $300 million in certain federal funds under FY 2023 appropriations act to create competitive capital project grant program in Office of Secretary of Higher Education.

Impact

The proposed grant program is designed to ensure that funds are allocated fairly and efficiently among all institutions of higher education in New Jersey, rather than favoring a single university. By creating this competitive grant program, the bill seeks to promote regional equity by allocating funds equally among northern, central, and southern regions of the state. This shift is intended to address the current criticisms regarding preferential funding towards Rutgers University, which has been highlighted as an inappropriate allocation in the context of wider infrastructure needs across other educational entities.

Summary

Bill S3388 aims to redirect $300 million from federal funds allocated to Rutgers University under the fiscal year 2023 appropriations act towards the establishment of a competitive capital project grant program managed by the Office of the Secretary of Higher Education. The bill proposes that these funds would be available to public and independent institutions of higher education, as well as proprietary schools licensed to offer academic degrees. The program's main goal is to address capital needs across eligible institutions, emphasizing projects that enhance student safety and support preparation for careers in high-growth sectors.

Contention

The redirection of funds has been contested, as some legislators argue that it could undermine the financial support previously designated for Rutgers and attempt to level the playing field among all institutions. Opponents express concerns that the competitive nature of the grants may disadvantage institutions with fewer resources to prepare successful applications. Furthermore, the bill has faced scrutiny regarding whether this funding strategy will effectively meet the specific needs of each institution, as the criteria for capital project selection could disproportionately affect smaller or underfunded colleges.

Latest NJ S3388 Activity

View All Events: NJ 2022-2023 Regular Session S3388

Companion Bills

No companion bills found.

Previously Filed As

NJ S880

Redirects certain State funding for specific arts, cultural, and historic organizations to competitive grant program.

NJ S916

Directs Secretary of Higher Education to establish Wine and Grape Education Grant Program; appropriates $1.5 million.

NJ A4383

Directs Secretary of Higher Education to establish Wine and Grape Education Grant Program; appropriates $1.5 million.

NJ S639

Establishes Capital Project Development Loan Program to support certain large-scale redevelopment projects; appropriates $300 million.

NJ A3072

Establishes Artificial Intelligence Grant Program in Office of Secretary of Higher Education.

NJ A4421

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.

NJ A4590

Establishes "Supporting Educational and Entrepreneurial Development (S.E.E.D.) Program" in Office of Secretary of Higher Education.

NJ S2000

Establishes "Supporting Educational and Entrepreneurial Development (S.E.E.D.) Program" in Office of Secretary of Higher Education.

NJ S3064

Establishes "Minority-Serving State College and University Stabilization Program" in Office of Secretary of Higher Education; appropriates $20 million.

WA SB5649

Creating a Washington state supply chain competitiveness infrastructure program.

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