SENATE HIGHER EDUCATION COMMITTEE

STATEMENT TO

SENATE, No. 4957

STATE OF NEW JERSEY

DATED:  DECEMBER 15, 2025

      The Senate Higher Education Committee reports favorably Senate Bill No. 4957.

      This bill reduces the number of members of the New Jersey Educational Facilities Authority (authority) that is required to constitute a quorum at a meeting of the authority.

      Under the bill, a majority of the current membership of the authority, but not less than three members, constitutes a quorum at any meeting of the authority.  Under current law, a majority of the total authorized membership of the authority constitutes a quorum at any meeting of the authority.