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NJ S1539
Bill
Status
1/9/2024
Primary Sponsor
Shirley Turner
Click for details
AI Summary
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Nonpublic high schools (grades 9-12) and independent colleges/universities must make annual payments to public school districts for students who live in their tax-exempt housing and attend public schools or charter schools, but only after the municipality adopts a resolution requiring such payments
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Payment amount equals the district's per pupil general fund local levy, calculated by dividing the total local levy by resident enrollment
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School districts must notify the nonpublic school or college by November 1 each year of the number of qualifying students, the per pupil amount, and total payment owed; payment is due within 60 days of notification
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The recipient school district's tax levy growth cap for the following year will be reduced by the amount received, ensuring the additional revenue goes toward reducing property taxes rather than increasing spending
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The law would take effect immediately and apply to the first full school year after enactment
Legislative Description
Requires nonpublic secondary schools and independent institutions of higher education to make payment to school districts for educational costs of students residing in tax-exempt housing upon adoption of resolution by municipal governing body.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
1/9/2024