Prohibits lease agreements between SDA districts and developers for construction and lease of new school buildings.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
This bill prohibits New Jersey’s Special District Authorities (SDA) districts from entering into lease agreements with developers to construct and lease new school buildings. It specifically amends state law to prevent SDA districts from utilizing this method of acquiring school facilities. The bill aims to ensure that school construction and leasing decisions are made through traditional means, rather than through private partnerships. This change is intended to provide greater control and transparency in school building projects within SDA districts.
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