ASSEMBLY STATE AND LOCAL GOVERNMENT COMMITTEE

 

STATEMENT TO

 

ASSEMBLY, No. 6296

 

STATE OF NEW JERSEY

 

DATED: JANUARY 5, 2026

 

      The Assembly State and Local Government Committee reports favorably Assembly Bill No. 6296.

      This bill amends the annual appropriations act for Fiscal Year 2026 to expand the authorized use of grant funding for Centenary University.

     Currently, the Fiscal Year 2026 appropriations act provides a $1,500,000 grants-in-aid appropriation to Centenary University for capital improvements.  The bill amends this line-item appropriation to remove the requirement that the funds be used solely for capital improvements.  By removing this requirement, these funds could be used by the university for general purposes.  This bill does not increase appropriations in the Fiscal Year 2026 appropriations act.