Loading chat...
NJ S440
Bill
Status
1/9/2024
Primary Sponsor
James Holzapfel
Click for details
AI Summary
-
School districts in fifth or sixth class counties (Atlantic, Cape May, Monmouth, and Ocean Counties) cannot receive less State aid than they received in the 2017-2018 school year
-
Protection applies only if the district's current equalized property valuation is lower than its 2012-2013 valuation
-
"Total State aid" excludes preschool education aid, extraordinary special education costs aid, school choice aid, and debt service aid
-
Designed to protect school districts in areas heavily impacted by Superstorm Sandy whose property values have not recovered from storm damage
Legislative Description
Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.
Education
Last Action
Introduced in the Senate, Referred to Senate Education Committee
1/9/2024