New Jersey S2685 amends the New Jersey Black Cultural and Heritage Initiative Foundation's governance and funding.
New Jersey S2685 revises the governance structure of the New Jersey Black Cultural and Heritage Initiative Foundation, reducing the board of trustees from 25 to 12 members. The board now includes the Governor or their designee and the Secretary of State or their designee. The bill mandates an annual appropriation of at least $500,000 for the foundation's operations. The executive director must submit an annual funding request to the Governor and the Office of Management and Budget.
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