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A4421 • 2026

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.

Education
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Webber, Jay
Last action
2026-02-19
Official status
Introduced, Referred to Assembly Higher Education Committee
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.

What This Bill Does

  • Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.
  • Topic: Higher Education Fiscal note: This bill has not been certified by OLS for a fiscal note.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-02-19 New Jersey Legislature

    Introduced, Referred to Assembly Higher Education Committee

Official Summary Text

Requires public institution of higher education to annually submit capital projects report to Secretary of Higher Education; requires secretary to post reports on website.
Topic:
Higher Education
Fiscal note:
This bill has not been certified by OLS for a fiscal note.

Current Bill Text

Read the full stored bill text 
A4421

ASSEMBLY, No. 4421

STATE OF NEW JERSEY

222nd LEGISLATURE

�

INTRODUCED FEBRUARY 19, 2026

Sponsored by:

wAssemblyman� JAY WEBBER

District 26 (Morris and Passaic)

SYNOPSIS

���� Requires public institution of higher education to
annually submit capital projects report to Secretary of Higher Education;
requires secretary to post reports on website.

CURRENT VERSION OF TEXT

���� As introduced.

��

An Act

concerning capital projects at public
institutions of higher education and supplementing chapter 3B of Title 18A of
the New Jersey Statutes.

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

���� 1.��� a.� Each public
institution of higher education in the State shall annually submit a capital
projects report to the Secretary of Higher Education.� The report shall
include, but not be limited to, the following information: the name and
description of each project in the planning or construction phase; the location
of the project; estimated cost; projected completion date; the progress of
completion to date; sources of funding; the amount of funds from each source;
the amount of any bonds to be issued for the project by the State, the
institution, the New Jersey Educational Facilities Authority, or the county, as
applicable, and the schedule for the issuance of those bonds; and the total
amount of the institution�s bonded indebtedness.� The report shall be submitted
to the secretary by January 1 of each year.

���� b.��� The secretary shall make
each institution�s capital projects report, required pursuant to subsection a.
of this section, available for public inspection on its website in an easily
accessible location.

���� c.���� As used in this act, a
�public institution of higher education� means: Rutgers, The State University;
the New Jersey Institute of Technology; Rowan University; Montclair State
University; Kean University; a State college or university established pursuant
to chapter 64 of Title 18A of the New Jersey Statutes; a county college and any
other public university or college now or hereafter established or authorized
by State law.

���� 2.��� This act shall take
effect immediately.

STATEMENT

���� Under this bill, a public
institution of higher education in the State will be required to submit a
capital projects report to the Secretary of Higher Education by January 1 of
each year. �The report will include, but not be limited to, the following
information: the name and description of each project in the planning or
construction phase; the location of the project; estimated cost; projected
completion date; the progress of completion to date; sources of funding; the
amount of funds from each source; the amount of any bonds to be issued for the
project by the State, the institution, the New Jersey Educational Facilities
Authority, or the county, as applicable, and the schedule for the issuance of
those bonds; and the total amount of the institution�s bonded indebtedness.

���� The bill also requires the
Secretary of Higher Education to make each institution�s capital projects
report available for public inspection on its website in an easily accessible
location.