This bill establishes a prohibition for public institutions of higher education in New Jersey from engaging in various forms of partnerships or collaborations with institutions located in Palestinian-controlled territories, specifically the West Bank and Gaza. The prohibited activities include entering into contracts, joint ventures, or any collaborative arrangements, as well as transferring or licensing intellectual property to these institutions.

Furthermore, the bill stipulates that any public institution found to be in violation of these provisions by the Secretary of Higher Education will lose eligibility for state support related to operational and capital costs. The bill aims to enforce these restrictions immediately upon enactment.