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NJ S3092

Bill

Status

Introduced

4/11/2024

Primary Sponsor

Patrick Diegnan

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Creates a new "stabilized reduction aid" category to guarantee no school district experiences more than a 5% reduction in State school aid compared to the prior school year, beginning in the 2024-2025 school year

  • Applies to multiple aid categories including equalization aid, special education categorical aid, security categorical aid, transportation aid, and adjustment aid

  • County vocational school districts receive whichever is greater: the aid calculated under this bill or the aid calculated under existing vocational expansion stabilization aid provisions

  • Existing vocational expansion stabilization aid ensures county vocational districts receive at least the amount of State school aid they received in the 2017-2018 school year

Legislative Description

Ensures no school district receives State school aid reduction greater than five percent.

Education

Last Action

Introduced in the Senate, Referred to Senate Education Committee

4/11/2024

Committee Referrals

Education4/11/2024

Full Bill Text

No bill text available