S 3076 New Jersey Senate · 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 for certain New Jersey school districts that faced funding reductions in the 2023-2024 school year and would face further cuts in 2024-2025. It shifts $64.9 million from existing appropriations and adds $145.2 million in new funding from the General Fund, totaling $210.1 million to cover the difference between prior aid levels and proposed 2024-2025 amounts. The funding specifically targets districts that received Supplemental Stabilization Aid under prior law (P.L.2023, c.32) or have a positive "State aid differential" under P.L.2018, c.67. This ensures affected districts receive aid equal to their 2023-2024 funding level, preventing further reductions.
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
Governor
Introduced Apr 11, 2024 Last action Apr 11, 2024
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Apr 11, 2024
Introduced
Introduced in the Senate, Referred to Senate Education Committee
upper
2 primary · 13 co-sponsors

Sponsors