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Bill > S3247

NJ S3247

NJ S3247
Revises various provisions of law governing construction of school facilities projects and operations of New Jersey Schools Development Authority; establishes "Charter School and Renaissance School Project Facilities Loan Program" in EDA.

summary

Introduced
10/27/2022
In Committee
01/04/2024
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

Revises various provisions of law governing construction of school facilities projects and operations of New Jersey Schools Development Authority; establishes "Charter School and Renaissance School Project Facilities Loan Program" in EDA.

AI Summary

This bill: Revises various provisions of law governing the construction of school facilities projects and operations of the New Jersey Schools Development Authority (NJSDA). It establishes the "Charter School and Renaissance School Project Facilities Loan Program" within the New Jersey Economic Development Authority (NJEDA) to provide loans to charter schools and renaissance school projects located in SDA districts to undertake school facilities projects. The bill requires NJSDA-managed school facilities projects to conform to standardized design elements and provides for the funding of NJSDA's operations through State appropriations. It also strengthens oversight and accountability measures for construction contractors working on school facilities projects.

Committee Categories

Education

Sponsors (2)

Last Action

Substituted by A4496 (ACS/4R) (on 01/08/2024)
(1 Companion Bills)

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