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Bill > A5775


NJ A5775

NJ A5775
Appropriates $3 million annually to Freedom Schools in New Jersey using funds collected under Social Equity Excise Fee.


summary

Introduced
06/12/2025
In Committee
06/12/2025
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

This bill appropriates $3 million annually, from funds collected from the Social Equity Excise Fee that is assessed on cannabis, to the Department of State to support funding for Freedom Schools in New Jersey. The Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund is the repository of several revenues the State collects within the confines of the regulated cannabis retail program. One of the revenues, the Social Equity Excise Fee, is the particular revenue stream to which the Freedom Schools appropriation would be charged. The New Jersey Office of Faith Based Initiatives Freedom School Project support New Jersey Freedom Schools. Freedom Schools provide education and character-building support to K-12 students and their families by implementing an intensive academic summer program as well as continuous follow up, homework, and tutoring services throughout the academic school year.

AI Summary

This bill appropriates $3 million annually from the Social Equity Excise Fee (a revenue collected from the state's regulated cannabis retail program) to the Department of State specifically to support Freedom Schools in New Jersey. Freedom Schools are educational programs that provide academic and character-building support to K-12 students and their families, offering an intensive summer academic program as well as continuous follow-up services like homework help and tutoring throughout the school year. The funding will be allocated each fiscal year, subject to approval from the Director of the Division of Budget and Accounting, and represents a dedicated effort to support educational initiatives in underserved communities using revenue generated from cannabis sales. The bill overrides any existing regulations that might otherwise prevent this specific appropriation and takes effect immediately upon enactment.

Committee Categories

Education

Sponsors (4)

Last Action

Introduced, Referred to Assembly Education Committee (on 06/12/2025)

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