This bill establishes five centers and programs at Rutgers University - Newark, aimed at addressing various social issues and enhancing educational opportunities. The centers include the Sheila Y. Oliver Center for Politics and Race, which will focus on the intersection of race and politics through data analysis and training programs; the Center on Law, Inequality and Metropolitan Equity (CLiME), dedicated to public scholarship on structural inequality and systemic racism; the Rutgers Center for Local Supply Chain Resiliency (CLSCR), which aims to improve New Jersey's supply chain resilience; the Re-Entry Opportunity Program for Entrepreneurship in Newark (RE-OPEN), designed to support justice-impacted individuals; and the New Jersey Scholarship and Transformative Education in Prisons (NJSTEP), which provides educational opportunities for incarcerated students.

The bill appropriates a total of $6.5 million to support these initiatives, with $1 million allocated to each of the first four centers and $2.5 million designated for the NJSTEP program. This funding is intended to facilitate research, training, and support services that promote social equity, economic development, and educational access for marginalized communities. The act is set to take effect immediately upon passage.