New Jersey bill imposes taxes and fees on private prison operators to fund societal rehabilitation programs.

The New Jersey bill, known as the "Knowledge, Accountability, and Rights in Incarceration Markets Act," imposes various taxes and fees on operators of private prisons. It includes a fee based on the value of contracts with public entities, a monthly fee based on the number of inmates detained, and a private prison surtax on corporate operators. The revenues collected from these fees and taxes are credited to the "Private Prison Societal Rehabilitation Support Fund" to support community-based programs related to food security, housing, recreation, job training, and youth mentorship.

New Jersey bill imposes taxes and fees on private prison operators to fund societal rehabilitation programs.

The New Jersey bill, known as the "Knowledge, Accountability, and Rights in Incarceration Markets Act," imposes various taxes and fees on operators of private prisons. It includes a fee based on the value of contracts with public entities, a monthly fee based on the number of inmates detained, and a private prison surtax on corporate operators. The revenues collected from these fees and taxes are credited to the "Private Prison Societal Rehabilitation Support Fund" to support community-based programs related to food security, housing, recreation, job training, and youth mentorship.