ASSEMBLY HIGHER EDUCATION COMMITTEE

STATEMENT TO

ASSEMBLY, No. 3523

with committee amendments

STATE OF NEW JERSEY

DATED:  MARCH 9, 2026

      The Assembly Higher Education Committee reports favorably and with committee amendments Assembly Bill No. 3523.

      This bill revises the membership of the New Jersey Educational Facilities Authority (authority).

     Under the bill, the Governor will appoint three citizens of the State to the authority instead of appointing five citizens as required under current law. The bill then requires the Governor to appoint two citizens of the State upon the recommendation of the Speaker of the General Assembly and the Senate President to the authority.

      This bill was prefiled for introduction in the 2026-2027 session pending technical review.  As reported, the bill includes the changes required by technical review, which has been performed.

COMMITTEE AMENDMENTS:

      The committee amended the bill to:

· revise the membership of the authority to reduce the number of gubernatorial appointments from five to three;

· revise the membership of the authority to add two appointees from the Governor upon the recommendation of the Speaker of the General Assembly and the Senate President; and

· remove provisions of the bill that would have revised the number of members of the authority required for quorum.