New Jersey Administrative Code
Title 9A - HIGHER EDUCATION
Chapter 19 - RULES AND PROCEDURES FOR IMPLEMENTATION OF THE SECURING OUR CHILDREN'S FUTURE BOND ACT
Subchapter 1 - GENERAL PROVISIONS
Section 9A:19-1.7 - Authorization process
Current through Register Vol. 55, No. 48, December 18, 2023
(a) The Secretary shall establish a review committee comprised of representation that may include the Office of the Secretary of Higher Education, the New Jersey Educational Facilities Authority, the New Jersey Department of Labor and Workforce Development, the New Jersey Department of Education, and any other State entity with technical expertise to evaluate project grant applications and make recommendations on funding.
(b) The Secretary shall examine the recommendations of the review committee and shall approve or disapprove a grant in accordance with N.J.A.C. 9A:19-1.6 and establish the amount of the grant in accordance with this subchapter.
(c) The total dollar amount of a grant approved for any county college shall not exceed $ 4,000,000.
(d) The Secretary shall prepare and deliver a list of projects that meet the eligibility requirements set forth by the Securing Our Children's Future Fund and by this chapter that have been approved for funding by the Secretary, including the amount of each project grant, to presiding officers of each house of the Legislature on a date that both houses are in session. The list shall be deemed to be approved in its entirety, unless the Legislature adopts a concurrent resolution stating that the Legislature is not in agreement with the list within 60 days following the date of transmittal of the list to the Legislature. The payment of project grants on the list of projects shall be subject to the prior appropriation of sufficient funds pursuant to section 14 of the Act for total project amounts so listed.
(e) Upon authorization of a grant pursuant to (d) above, funding of the grant shall be contingent upon:
(f) Each recipient of a grant shall provide such information as the Secretary may request during the use of the grant and the process of the project.
(g) The Secretary may, consistent with the Act, allocate any balance of an approved grant to another approved grant, contingent on the following:
(h) No reallocation shall be made pursuant to (g) above if:
(i) Failure to comply with the grant agreement may result in the applicant's obligation to repay the grant funds.
Adopted by 52 N.J.R. 794(a), effective 4/6/2020