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Bill > A1732


NJ A1732

NJ A1732
Appropriates $3 million annually to Freedom Schools in New Jersey using funds collected under Social Equity Excise Fee.


summary

Introduced
01/13/2026
In Committee
02/19/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 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 to support Freedom Schools in New Jersey, using funds generated from the Social Equity Excise Fee, which is a tax levied on cannabis sales. These funds will be directed to the Department of State to provide financial assistance for Freedom Schools, which offer educational and character-building programs for K-12 students and their families through intensive summer programs and year-round tutoring and homework help. The Social Equity Excise Fee is part of the broader Cannabis Regulatory, Enforcement Assistance, and Marketplace Modernization Fund, which collects various revenues from the state's regulated cannabis industry.

Committee Categories

Education, Government Affairs

Sponsors (4)

Last Action

Reported and Referred to Assembly Community Development and Women's Affairs Committee (on 02/19/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2026/A1732
Analysis - Statement AED 2/19/26 https://pub.njleg.gov/Bills/2026/A2000/1732_S1.PDF
Analysis - Technical Review Of Prefiled Bill https://pub.njleg.gov/Bills/2026/A2000/1732_T1.PDF
BillText https://pub.njleg.gov/Bills/2026/A2000/1732_I1.HTM
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