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Assembly Higher Education Committee releases bill to change matching-grant rules for NJ college-savings accounts
Summary
The Assembly Higher Education Committee voted to release Assembly Bill 1212, which would modify matching-grant criteria for New Jersey Better Educational Savings Trust accounts. Supporters from state college and charter-school groups were recorded in favor and did not testify.
The Assembly Higher Education Committee voted to release Assembly Bill 1212, which the committee clerk said modifies matching-grant criteria for New Jersey Better Educational Savings Trust accounts. Supporters from higher-education organizations were recorded as in favor and declined to testify.
The bill was read into the record by committee staff and the chair listed supporters on the record including Jennifer Keyes Maloney of the New Jersey Association of State Colleges and Universities, David Russo of ICUNJ and Harry Lee of the New Jersey Public Charter Schools Association. Each representative indicated support and said they did not need to testify.
Committee members moved to release the bill. After a roll-call vote the motion carried; the clerk announced the bill was released from committee.
The bill advances to the next legislative step after committee release; no amendments were reported during the committee action.
