This bill aims to prohibit sports wagering partnerships at public institutions of higher education in New Jersey. It defines a "sports wagering partnership" as any partnership or contractual agreement between a sports wagering operator or intermediary and an institution of higher education, which includes access to advertise in the institution's stadiums, facilities, and through various digital and broadcast sports content.

Under this legislation, public institutions of higher education are explicitly barred from engaging in such partnerships. The bill is set to take effect immediately upon enactment, reinforcing the state's stance on maintaining the integrity of educational institutions by preventing commercial relationships with sports wagering entities.