Fabio
76 lines
3.9 KiB
Markdown
76 lines
3.9 KiB
Markdown
---
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type: "Bill"
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title: "Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.*"
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description: "Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.*"
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jurisdiction: "us/states/nj"
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legislature: "New Jersey Legislature"
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session: "220"
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identifier: "S 3406"
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citation: "New Jersey S 3406 (220)"
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classification: ["bill"]
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subjects: ["EDUC FINANCE", "HIGHER ED"]
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status: "enacted"
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primary_sponsors: ["Carter, Linda S.", "Cryan, Joseph P.", "Gopal, Vin", "Jasey, Mila M.", "McKeon, John F."]
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version_count: 2
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action_count: 8
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vote_count: 0
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first_action: "2022-12-19T05:00:00+00:00"
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last_action: "2023-07-20T04:00:00+00:00"
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source: "openstates"
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source_identifier: "ocd-bill/fe5e54b0-e422-4b49-b357-05d545389ecc"
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source_url: "http://www.njleg.state.nj.us/downloads.asp"
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source_hash: "09b1a50fccec6183f0a702da3de5088de58a3bf3c3900cc843fac6280c7317ad"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-nj"]
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---
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# New Jersey S 3406 (220) — Requires public institutions of higher education to submit annual fiscal monitoring report; authorizes Secretary of Higher Education to appoint State monitor of certain institutions; requires higher education chief financial officers complete training; annually appropriates $100,000.*
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced Version** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2022/S3500/3406_I1.HTM)
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2. **Reprint SBA 6/27/23 1R** (committee substitute) — [source](https://pub.njleg.state.nj.us/Bills/2022/S3500/3406_R1.HTM)
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## Sponsors
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- Carter, Linda S. — primary (person)
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- Cryan, Joseph P. — primary (person)
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- Gopal, Vin — primary (person)
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- Jasey, Mila M. — primary (person)
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- McKeon, John F. — primary (person)
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- Benson, Daniel R. — cosponsor (person)
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- Chaparro, Annette — cosponsor (person)
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- Danielsen, Joe — cosponsor (person)
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- Jimenez, Angelica M. — cosponsor (person)
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- McKnight, Angela V. — cosponsor (person)
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- Mukherji, Raj — cosponsor (person)
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- Reynolds-Jackson, Verlina — cosponsor (person)
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- Sampson, William B. — cosponsor (person)
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- Speight, Shanique — cosponsor (person)
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- Stack, Brian P. — cosponsor (person)
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- Turner, Shirley K. — cosponsor (person)
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- Wimberly, Benjie E. — cosponsor (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-12-19T05:00:00+00:00** Introduced in the Senate, Referred to Senate Higher Education Committee `introduction, referral-committee`
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- **2023-06-20T04:00:00+00:00** Transferred to Senate Budget and Appropriations Committee `referral-committee`
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- **2023-06-27T04:00:00+00:00** Reported out of Senate Committee with Amendments, 2nd Reading `committee-passage`
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- **2023-06-30T04:00:00+00:00** Passed Senate (37-0) `passage`
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- **2023-06-30T04:00:00+00:00** Received in the Assembly without Reference, 2nd Reading
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- **2023-06-30T04:00:00+00:00** Substituted for A4970 (2R)
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- **2023-06-30T04:00:00+00:00** Passed Assembly (Passed Both Houses) (77-0-0) `passage`
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- **2023-07-20T04:00:00+00:00** Approved P.L.2023, c.115. `executive-signature`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fe5e54b0-e422-4b49-b357-05d545389ecc`. Confidence: reported (aggregated from official New Jersey legislature records).
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