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NJ A5856

Bill

Status

Introduced

6/19/2025

Primary Sponsor

Gregory McGuckin

Click for details

Origin

General Assembly

2024-2025 Regular Session

AI Summary

  • School districts that experienced State school aid reductions greater than 3% of the prior year's aid during the 2020-2021 through 2024-2025 school years are eligible for additional State aid to compensate for those excess reductions

  • The additional aid equals the sum of all reductions exceeding the 3% threshold across the five-year period

  • State school aid for calculation purposes includes equalization aid, transportation aid, special education categorical aid, security categorical aid, and adjustment aid

  • Funding for the additional aid would come from the Property Tax Relief Fund

  • The bill takes effect immediately upon enactment

Legislative Description

Requires certain school districts to receive additional State aid for certain State school aid reductions from previous school years; authorizes appropriation.

Education

Last Action

Introduced, Referred to Assembly Education Committee

6/19/2025

Committee Referrals

Education6/19/2025

Full Bill Text

No bill text available