This bill reaffirms the continuation of the Rutgers Institute of Management and Labor Relations, emphasizing its role in expanding educational resources to support working people during a time of significant labor market changes. It highlights the need for cooperation between labor and management and aims to promote understanding of industrial relations and work-related issues. The Institute will continue to offer various educational programs, including classes, lectures, and forums, with a focus on making tuition affordable or free for New Jersey residents. Additionally, the Institute will conduct applied research on labor-management relations to identify and address relevant issues.

To support these initiatives, the bill appropriates $750,000 annually from the General Fund for the Institute, ensuring that these funds will supplement, rather than replace, existing state allocations. An advisory council will be established to guide the Institute's operations, consisting of representatives from public and private labor sectors, management, and the public, appointed by Rutgers University and the New Jersey State AFL-CIO. This collaborative approach aims to enhance the unity and welfare of New Jersey's workforce while addressing the evolving dynamics of labor relations.