Bill

Bill > A2497


NJ A2497

NJ A2497
Concerns New Jersey Black Cultural and Heritage Initiative Foundation; requires annual appropriation.


summary

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

Introduced Session

2026-2027 Regular Session

Bill Summary

This bill changes the names of the New Jersey Black Cultural and Heritage Initiative and the New Jersey Black Cultural and Heritage Initiative Foundation to the New Jersey Black Heritage Initiative and New Jersey Black Heritage Foundation, respectively. The bill reduces the total number of members on the board of trustees of the New Jersey Black Heritage Foundation from 25 to 12 by decreasing the number of public members from 19 to five. The bill also adds the Governor or the Governor's designee as a members of the board of trustees. The bill increases the term of office for public members of the board of trustees from three years to five years; members of the board of trustees who represent State partner organizations would serve five-year terms. The bill necessitates that the board of trustees employ an executive director of the foundation within the limits of the foundation's available funds. The bill requires the executive director to submit an annual funding request outlining the foundation's proposed budget for the upcoming fiscal year to the Governor and the Office of Management and Budget in the Department of the Treasury. The bill establishes an annual appropriation of $500,000 to the foundation for its operations. All expenses shall be paid from funds raised by, or appropriated to, the foundation.

AI Summary

This bill changes the names of the New Jersey Black Cultural and Heritage Initiative and Foundation to the New Jersey Black Heritage Initiative and Foundation, respectively, and modifies the governance and funding of the Foundation. The board of trustees will be reduced from 25 to 12 members, including the Governor or their designee, and the number of public members will decrease from 19 to five. The term for public members and those representing State partner organizations will increase from three to five years. The Foundation's board is now required to employ an executive director, who must submit an annual funding request to the Governor and the Office of Management and Budget (OMB), which is part of the Department of the Treasury. Crucially, the bill establishes an annual appropriation of $500,000 for the Foundation's operations, with all expenses to be paid from funds raised by or appropriated to the Foundation.

Committee Categories

Government Affairs

Sponsors (3)

Last Action

Introduced, Referred to Assembly Community Development and Women's Affairs Committee (on 01/13/2026)

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