N.J.S.A. 18A:71B-108 — Funding.

18A:71B-108 Funding. 5. The New Jersey ACES Program established pursuant to this act shall be funded equally by three sectors: the State of New Jersey; the participating public or independent research universities; and the State's private sector. The State shall fund one-third of the annual total program costs through appropriations, and the participating research universities shall fund one-third of the annual total program costs. The participating research universities shall be responsible for soliciting and securing the remaining one-third of program costs from the New Jersey private sector including corporations and companies representative of the STEM industry. L.2019, c.431, s.5.

This is the verbatim text of N.J.S.A. 18A:71B-108, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.