Bill

Bill > A4164


NJ A4164

Establishes fringe benefit rate for State colleges and universities.


summary

Introduced
06/02/2022
In Committee
06/22/2023
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Establishes fringe benefit rate for State colleges and universities.

AI Summary

This bill establishes a separate fringe benefit rate for state colleges and universities, beginning in the 2025 fiscal year and each year thereafter. The separate rate will reflect the actual cost of employee retirement programs at these institutions and will be applied to all federal, dedicated, and non-state funded programs.

Committee Categories

Budget and Finance, Education

Sponsors (10)

Last Action

Reported out of Assembly Comm. with Amendments, 2nd Reading (on 06/22/2023)

bill text


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