New Jersey · 2026-2027 Regular Session · Bill
S 199: Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings.
In committee Last action January 13, 2026: Introduced in the Senate, Referred to Senate Education Committee
Plain-language summary
S 199 is a bill introduced in the New Jersey Senate on January 13, 2026. According to its official title, it concerns: Requires Commissioner of Education and Local Finance Board approval for certain board of education leases exceeding 20 years; authorizes boards to enter into 20-year lease purchase agreements for improvements or additions to school buildings. Primary sponsor: Diegnan, Patrick J., Jr.. Most recent recorded action (January 13, 2026): Introduced in the Senate, Referred to Senate Education Committee.
Sponsors
Primary sponsor: Diegnan, Patrick J., Jr..