Provides for direct State payment of cost of special education and related services for certain students.

This bill would change how New Jersey funds special education for students with high-cost needs. Under the bill, the state would directly pay providers of special education services for students whose Individualized Education Program costs exceed $55,000 per school year. School districts would refer these cases to a new Office of High Needs Placement Funding within the Department of Education, which would contract with providers and make direct payments in 10 monthly installments starting in October. The bill also establishes a committee to develop quality ratings for providers and analyze the system's impact on students and costs.