A 4230 New Jersey General Assembly · 2024-2025 Regular Session

Amends appropriations act to provide funding for restoration of State school aid reductions for certain school districts; shifts $64,920,000 from certain appropriations for purposes of restoring aid; provides supplemental appropriation of $145,215,047.

This bill restores state school aid reductions for certain New Jersey school districts by appropriating $210,135,047. It shifts $64,920,000 from existing FY2024 appropriations and adds $145,215,047 from the General Fund. The funding ensures districts that received Supplemental Stabilization Aid under prior law (P.L.2023, c.32) get their full 2023-2024 aid amount, and districts facing proposed aid cuts in 2024-2025 receive the difference between their 2023-2024 and 2024-2025 aid amounts. The bill directly affects school districts subject to state aid reductions under P.L.2018, c.67.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
Governor
Introduced May 2, 2024 Last action May 2, 2024
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May 2, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Education Committee
lower
3 primary · 6 co-sponsors

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