Title 18A, Title 18A: EDUCATION

18A:72A-46. Amount retained by State to satisfy deficiency 9. a. To assure the continued operation and solvency of the leasing fund program, the authority shall require that if an institution of higher education fails or is unable to pay to the authority in full, when due, any ob…

18A:72A-47 Annual report. 10. The Secretary of Higher Education shall annually submit a report to the Governor and the Legislature on the higher education equipment purchases at public and private institutions of higher education which have been approved by the secretary and fina…

18A:72A-48 Rules, regulations. 11. The Secretary of Higher Education, in consultation with the New Jersey Educational Facilities Authority, shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), the rules and regulations necessary to ca…

18A:72A-49. Short title 1. This act shall be known and may be cited as the "Higher Education Facilities Trust Fund Act." L.1993,c.375,s.1.

18A:72A-5 Authority's powers. 18A:72A-5. The authority shall have power: (a) To adopt bylaws for the regulation of its affairs and the conduct of its business; (b) To adopt and have an official common seal and alter the same at pleasure; (c) To maintain an office at such place or…

18A:72A-5.1 Prevailing wage rate for workers employed on projects with New Jersey Educational Facilities Authority involvement. 5. Each worker employed in the construction or rehabilitation of facilities undertaken in connection with loans, loan guarantees, expenditures, investme…

18A:72A-5.2 Exercise of rights, powers or duties. 6. For the purpose of implementing the provisions of sections 5 through 7 of this act, the Commissioner of Labor and Workforce Development shall, and a worker employed in the performance of work subject to this act or the employer…

18A:72A-5.3 Prevailing wage rules, regulations, adoption by New Jersey Educational Facilities Authority. 7. The New Jersey Educational Facilities Authority shall, in consultation with the Commissioner of Labor and Workforce Development, adopt rules and regulations, consistent wit…

18A:72A-5.4 Inapplicability of C.18A:72A-5.1 through C.18A:72A-5.3. 8. The provisions of sections 5 through 7 of this act shall not apply to construction and rehabilitation of facilities conducted entirely under contracts entered into prior to the effective date of this act or to…

18A:72A-50. Findings, declarations 2. The Legislature finds and declares that: a. Higher education plays a vital role in the economic development of the nation and of the State by providing the education and training of the work force of the future and by advancing science and te…

18A:72A-51 "Higher Education Facilities Trust Fund." 3. There is created within the New Jersey Educational Facilities Authority, established pursuant to N.J.S.18A:72A-1 et seq., the "Higher Education Facilities Trust Fund," hereinafter referred to as the "trust fund." The trust f…

18A:72A-52. Use of trust fund 4. The trust fund shall be used to provide grants to New Jersey's public and private institutions of higher education for the cost, or a portion of the cost, of the construction, reconstruction, development, extension, and improvement of instructiona…

18A:72A-53 Allocation of initial grants. 5. The initial grants from the trust fund shall be allocated as follows: a. $48,000,000 for facilities at the State Colleges; b. $38,880,000 for facilities at Rutgers, The State University; c. $20,160,000 for facilities at the University o…

18A:72A-54 Application for grant. 6. a. The governing board of a public or private institution of higher education may determine, by resolution, to apply for a grant from the trust fund. Upon adoption of the resolution, the board shall file an application with the Secretary of Hi…

18A:72A-55 List of selection criteria. 7. In order to ensure the most effective utilization of the moneys in the trust fund and to guide governing boards which elect to apply for a grant, the Secretary of Higher Education shall establish a list of selection criteria and shall spe…

18A:72A-56 "Higher Education Facilities Trust Fund Board." 8. In order to ensure proper oversight and review, there is created the "Higher Education Facilities Trust Fund Board" which shall consist of four members as follows: the Secretary of Higher Education; the State Treasurer…

18A:72A-57 Issuance of bonds, notes. 9. a. The authority shall from time to time issue bonds or notes in an amount sufficient to finance the grants provided under this act and to finance the administrative costs associated with the approval process and the issuance of the bonds o…

18A:72A-58 Rules, regulations. 11. The Secretary of Higher Education, in consultation with the New Jersey Educational Facilities Authority, shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), the rules and regulations necessary to ca…

18A:72A-59 Short title. 1. This act shall be known and may be cited as the "Higher Education Technology Infrastructure Fund Act." L.1997,c.238,s.1.

18A:72A-6. Expenses of authority All expenses incurred in carrying out the provisions of this chapter shall be payable from funds provided the authority therefor, and no liability or obligation shall be incurred by the authority hereunder beyond the extent to which moneys shall h…

18A:72A-60 Findings, declarations relative to higher education technology infrastructure. 2. The Legislature finds and declares that: a. New Jersey's public and independent colleges and universities contribute substantially to the local, State, and national economies by developin…

18A:72A-61 "Higher Education Technology Infrastructure Fund." 3. There is created within the New Jersey Educational Facilities Authority, established pursuant to N.J.S.18A:72A-1 et seq., the "Higher Education Technology Infrastructure Fund," hereinafter referred to as the "techno…

18A:72A-62 Use of technology fund. 4. The technology fund shall be used to develop technology infrastructure within and among New Jersey's institutions of higher education in order to provide access effectively and efficiently to information, educational opportunities, and workfo…

18A:72A-63 Grant conditions, allocations. 5. The use of a grant from the technology fund shall require a matching amount from an institution equal to the amount of the grant provided. The initial grants from the technology fund shall be allocated as follows: a. a minimum of $12,6…

18A:72A-64 Application for grant, conditions. 6. a. The governing board of a public or private institution of higher education may determine, by resolution, to apply for a grant from the technology fund. Upon adoption of the resolution, the board shall file an application with th…

18A:72A-64.1 JBOC approval required for provision of grant funding. 24. The authority shall not provide grant funding without the review and approval of the Joint Budget Oversight Committee. The Joint Budget Oversight Committee shall approve or disapprove each grant within 10 wor…

18A:72A-65 Issuance of bonds, notes. 7. a. The authority shall from time to time issue bonds or notes in an amount sufficient to finance the grants provided under this act and to finance the administrative costs associated with the approval process and the issuance of the bonds a…

18A:72A-66 Agreements between authority and institutions of higher education. 8. The authority may enter into an agreement with a public or private institution of higher education to finance the acquisition of higher education technology infrastructure by the institution. In ente…

18A:72A-67 Approval for entry into agreements. 9. The authority shall not enter into an agreement with an institution of higher education unless the Secretary of Higher Education has approved the acquisition of the higher education technology infrastructure by the institution. L.…

18A:72A-68 Financing of matching amounts. 10. a. To finance the matching amounts for institutions of higher education which have received grants from the technology fund, the authority may from time to time issue bonds or notes in an amount sufficient to finance the purchase of h…

18A:72A-69 Criteria for approval, specific information in grant application. 11. In order to ensure the most effective utilization of the moneys in the technology fund and to guide governing boards which elect to apply for a grant, the Secretary of Higher Education shall establis…

18A:72A-7. Issuance of notes authorized The authority is authorized from time to time to issue its negotiable notes for any corporate purpose and renew from time to time any notes by the issuance of new notes, whether the notes to be renewed have or have not matured. The authorit…

18A:72A-70 Rules, regulations. 12. The Secretary of Higher Education, in consultation with the New Jersey Educational Facilities Authority, shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), the rules and regulations necessary to ca…

18A:72A-71 Report to Governor, Legislature. 13. The Secretary of Higher Education shall annually submit a report to the Governor and the Legislature on the higher education technology infrastructure purchases at public and private institutions of higher education, which have been…

18A:72A-72 Short title. 1. This act shall be known and may be cited as the "Higher Education Capital Improvement Fund Act." L.1999,c.217,s.1.

18A:72A-73 Findings, declarations relative to facilities improvements at institutions of higher education. 2. The Legislature finds and declares that: a. Higher education plays a vital role in the economic development of the nation and the State by providing education and trainin…

18A:72A-74 "Higher Education Capital Improvement Fund." 3. There is created within the New Jersey Educational Facilities Authority, established pursuant to chapter 72A of Title 18A of the New Jersey Statutes, the "Higher Education Capital Improvement Fund," hereinafter referred t…

18A:72A-75 Use of capital improvement fund. 4. The capital improvement fund shall be used to provide grants to New Jersey's four-year public and private institutions of higher education for the cost, or a portion of the cost, of the renewal, renovation, improvement, expansion, co…

18A:72A-76 Allocation of fund. 5. a. An amount not to exceed $550,000,000 in the capital improvement fund shall be allocated as follows: $169,000,000 for Rutgers, The State University; $95,062,500 for the University of Medicine and Dentistry of New Jersey; $60,937,500 for the New…

18A:72A-77 Application for grant. 6. a. The governing board of a four-year public or private institution of higher education may determine, by resolution, to apply for a grant from the capital improvement fund. Upon adoption of the resolution, the board shall file an application …

18A:72A-78 Issuance of bonds, notes, other obligations. 7. a. The authority shall from time to time issue bonds, notes or other obligations in an amount sufficient to finance the grants provided under this act and to finance the administrative costs associated with the approval p…

18A:72A-79 Retention of amount to ensure repayment. 8. a. The authority shall require that if an institution of higher education fails or is unable to pay the authority in full, when due, any obligations of the institution to the authority, an amount sufficient to satisfy the def…

18A:72A-8 Issuance of negotiable bonds for corporate purpose. 18A:72A-8. (a) The authority is authorized from time to time to issue its negotiable bonds for any corporate purpose. In anticipation of the sale of such bonds the authority may issue negotiable bond anticipation notes…

18A:72A-80 Rules, regulations. 15. The Secretary of Higher Education, in consultation with the New Jersey Educational Facilities Authority, shall adopt, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), the rules and regulations necessary to ca…

18A:72A-81 Short title. 47. Sections 47 through 49 of P.L.2009, c.90 (C.18A:72A-81 et seq.) shall be known and may be cited as the "Higher Education Partnership Agreements Act." L.2009, c.90, s.47.

18A:72A-82 Definitions relative to higher education partnership agreements. 48. As used in sections 48 and 49 of P.L.2009, c.90 (C.18A:72A-82 and C.18A:72A-83): "Board" means the Local Finance Board established in the Division of Local Government Services in the Department of Com…