S.328

Establishes early childhood pay-for-success programs; appropriates up to $25 million.

Introduced·1/9/24
Introduced Text

New Jersey S328 establishes early childhood pay-for-success programs, appropriating up to $25 million.

New Jersey S328 authorizes the New Jersey Economic Development Authority to enter into pay-for-success contracts with private sector, non-profit, and community-based organizations to administer early childhood programs. These programs aim to improve outcomes for at-risk children and their families, and generate public sector cost savings. The bill requires the authority to determine the amount necessary to implement the provisions and fund success payments, subject to approval by the Director of the Division of Budget and Accounting.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Health, Human Services and Senior Citizens Committee
Next
Session adjourned — paused until it reconvenes

Sponsors

D
1
0
Democratic CaucusRepublican Caucus

History

Jan 9, 2024

Senate

Introduced in the Senate, Referred to Senate Health, Human Services and Senior Citizens Committee