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Bill > S4568
NJ S4568
NJ S4568Requires governing board of public institution of higher education to notify Secretary of Higher Education of proposed merger or consolidation.
summary
Introduced
06/02/2025
06/02/2025
In Committee
06/02/2025
06/02/2025
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill requires the governing board of a public institution of higher education to notify the Secretary of Higher Education of a proposed merger or consolidation. The bill requires that, prior to commencing an institutional merger or consolidation, including a merger or consolidation of one or more schools within the same institution, the governing board of a public institution of higher education is to notify the Secretary of Higher Education of the proposed merger or consolidation. Under the bill, the notice is to include, at a minimum: (1) the reason for the proposed merger or consolidation; (2) the projected cost of the proposed merger or consolidation and a preliminary assessment of any fiscal impacts; and (3) the effect on the students and employees of the institutions and schools. The bill requires that the notice be provided to the secretary within 14 days of the date upon which the governing board adopts a resolution, or otherwise enters into an agreement, to commence an institutional merger or consolidation.
AI Summary
This bill requires the governing board of a public higher education institution to notify the Secretary of Higher Education before initiating a merger or consolidation, including mergers involving multiple schools within the same institution. The notification must be submitted within 14 days of the governing board adopting a resolution or agreement to merge, and must include three key pieces of information: the reason for the proposed merger, the projected cost and preliminary fiscal impact assessment, and the potential effects on students and employees of the involved institutions. This requirement aims to provide transparency and ensure that the state's higher education leadership is informed about significant structural changes in public educational institutions. The bill is designed to give the Secretary of Higher Education advance notice and detailed information about proposed mergers, which could help in understanding and potentially guiding the consolidation process. The legislation will take effect immediately upon enactment.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Higher Education Committee (on 06/02/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2024/S4568 |
| BillText | https://pub.njleg.gov/Bills/2024/S5000/4568_I1.HTM |
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