STATE OF NEW JERSEY
219th LEGISLATURE
INTRODUCED FEBRUARY 25, 2020
Sponsored by:
Assemblywoman NANCY J. PINKIN
District 18 (Middlesex)
SYNOPSIS
Requires State Auditor to conduct audit of fees charged by public institutions of higher education.
CURRENT VERSION OF TEXT
As introduced.
An Act concerning
audits of public institutions of higher education and supplementing chapter 24
of Title 52 of the Revised Statutes.
Be It Enacted by the Senate
and General Assembly of the State of
1. The State Auditor shall, as part of his
responsibility under R.S.52:24-4, annually conduct an audit of a fee charged by
a public institution of higher education, and shall annually issue a report on
such fees to the Governor and the Legislature.
In conducting the audit, the State Auditor shall select one fee
collected by a
a. The purpose of the fee, as stated by the public institution;
b. The amount collected by the public institution, on a per pupil basis and an aggregate amount; and
c. The amount expended on the stated purpose, the amount of any balance remaining at the end of the academic year, and how any remaining balance has been allocated to either reduce the amount of the fee in the subsequent academic year, or has been transferred to be used for another purpose.
The State Auditor shall not audit the same fee at the same public institution of higher education in two consecutive academic years, unless the purpose of the subsequent audit is to determine if a public institution of higher education has addressed any concerns raised or recommendations made in the initial audit.
2. This act shall take effect immediately and shall first be applicable to the first full academic year following the date of enactment.
STATEMENT
This bill requires
the State Auditor to annually audit a fee charged by a