A 3523 — Revises membership of New Jersey Educational Facilities Authority.*

A3523 1R [First Reprint] ASSEMBLY, No.

3523 STATE OF NEW JERSEY 222nd LEGISLATURE   PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION     Sponsored by:

CARTER District 22 (Somerset and Union) Assemblywoman  CARMEN THERESA MORALES District 34 (Essex)         SYNOPSIS      ReducesRevises numbermembership of members of New Jersey Educational Facilities AuthorityAuthority. required for quorum.

  CURRENT VERSION OF TEXT      IntroducedAs Pendingreported Technicalby Reviewthe byAssembly LegislativeHigher Counsel.Education Committee on March 9, 2026, with amendments.

     (b)   The authority shall consist of seven members, two of whom shall be the Secretary of Higher Education, ex officio, and the State Treasurer, ex officio, or when so designated by them, their deputies and five1[five] three1 citizens of the State to be appointed by the Governor with the advice and consent of the Senate for terms of five years;

provided that the terms of the members first appointed shall be arranged by the Governor so that one of such terms shall expire on April 30 in each successive year ensuing after such appointments. appointments.1The authority shall also consist of one citizen of the State to be appointed by the Governor upon the recommendation of the Speaker of the General Assembly for a term of five years and one citizen of the State to be appointed by the Governor upon the recommendation of the Senate President for a term of five years.1  Members shall hold office for the term of their appointments and shall continue to serve during the term of their successors unless and until [his] the successor shall have been appointed and qualified.  Any vacancy among the members appointed by the Governor shall be filled by appointment for the unexpired term only.  A member of the authority shall be eligible for reappointment.

     (f)   The powers of the authority shall be vested in the members thereof in office from time to time and a majority of the [total authorized] current1[current] total authorized1 membership of the authority,authority1[, but not less than three members,members,]1 shall constitute a quorum at any meeting thereof.  Action may be taken and motions and resolutions adopted by the authority at any meeting thereof by the affirmative vote of a majority of the members present, unless in any case the bylaws of the authority shall require a larger number.  No vacancy in the membership of the authority shall impair the right of a quorum to exercise all the rights and perform all the duties of the authority.

    STATEMENT        This bill reduces the number of members of the New Jersey Educational Facilities Authority (authority) that is required to constitute a quorum at a meeting of the authority.

     Under the bill, a majority of the current membership of the authority, but not less than three members, constitutes a quorum at any meeting of the authority.  Under current law, a majority of the total authorized membership of the authority constitutes a quorum at any meeting of the authority.