Bill > S3771

This bill creates a Task Force on Higher Education Governance and Funding in New Jersey, consisting of 13 members including the Secretary of Higher Education, the Executive Director of the Higher Education Student Assistance Authority, and representatives from public and independent higher education institutions, faculty unions, and appointed public members. The task force's primary purpose is to conduct a comprehensive examination of the state's higher education system, focusing on its organizational structure, governance, funding mechanisms, and ability to meet current challenges. The bill requires the task force to perform an in-depth analysis of various aspects of higher education, including institutional missions, regulatory requirements, funding impacts, workforce needs, and best practices in governance and funding. Members will serve without compensation but will be reimbursed for necessary expenses. The task force must organize within 60 days, hold at least one public hearing within six months, and issue a final report to the Governor and Legislature within one year of organizing. The bill appropriates $200,000 from the General Fund to support the task force's work, allowing the Secretary of Higher Education to hire external consultants or experts as needed. The task force will automatically expire 30 days after submitting its final report, with the goal of developing recommendations that align with the state's higher education priorities.

Budget and Finance, Education

https://www.njleg.state.nj.us/bill-search/2024/S3771