This bill mandates that the State Treasurer deduct funds from the State operating aid allocated to public research universities, specifically to cover costs incurred by these institutions in fulfilling agreements made with students protesting the Israel-Hamas conflict that began on October 7, 2023. The bill outlines various costs that would be subject to this deduction, including expenses related to the acceptance of displaced Gazan students, the establishment of an Arab Cultural Center, partnerships with Birzeit University, hiring culturally competent administrators and professors specializing in Palestine and Middle East studies, creating a center for Palestinian studies, displaying flags of designated foreign terrorist organizations, and providing amnesty to individuals involved in anti-Semitic protests on campus.

The legislation is a response to student protests at Rutgers University-New Brunswick, where students have demanded institutional actions related to the conflict. The bill's sponsor argues that the agreements reached with the protesting students would require the use of taxpayer dollars, thus justifying the need for the financial deductions from the university's operating aid. The bill is set to take effect immediately upon passage.