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NJ S3904

Bill

Status

Introduced

12/5/2024

Primary Sponsor

Owen Henry

Click for details

Origin

Senate

2024-2025 Regular Session

AI Summary

  • Appropriates $106.5 million from the Property Tax Relief Fund to provide Emergency Supplemental Aid to school districts negatively impacted by the 2018 school funding formula changes (P.L.2018, c.67, known as "S2")

  • School districts qualify for aid if their 2024-2025 State school aid is below their adequacy budget, at or below $19,000 per resident pupil, and received flat or minimal increases (up to $200,000) compared to 2023-2024

  • Eligible districts receive $250 per resident pupil based on enrollment counts from October 2023

  • State school aid calculation includes equalization aid, special education categorical aid, security categorical aid, transportation aid, adjustment aid, vocational expansion stabilization aid, educational adequacy aid, school choice aid, and military impact aid

  • Approximately 290+ districts across urban, suburban, and rural areas would receive funding to address budget cuts that have led to teacher layoffs, reduced programming, eliminated busing, and school closures

Legislative Description

"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

Education

Last Action

Introduced in the Senate, Referred to Senate Education Committee

12/5/2024

Committee Referrals

Education12/5/2024

Full Bill Text

No bill text available