Approp.

P.L. 2025, CHAPTER 338, approved January 20, 2026

Senate, No. 5021

An Act amending P.L.2025, c.74, the Fiscal Year 2026 annual appropriations act, to clarify distribution of certain grants-in-aid to independent institutions of higher education.

Be It Enacted by the Senate and General Assembly of the State of New Jersey:

     1.    The following line item in section 1 of P.L.2025, c.74, the annual appropriations act for State Fiscal Year 2026, is amended to read as follows:

82 DEPARTMENT OF THE TREASURY

30 Educational, Cultural, and Intellectual Development

36 Higher Educational Services

GRANTS-IN-AID

47-2155  Support to Independent Institutions……..……$20,266,000

                   Total Grants-in-Aid Appropriation, Higher

                   Educational Services………………………$124,300,000

Grants-in-Aid:

            47        Centenary University [– Capital

                        Improvements]…......……($1,500,000)

     2.    This act shall take effect immediately.

STATEMENT

     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.

     Amends Fiscal Year 2026 annual appropriations act to expand authorized use of grant funding for Centenary University.