Provides three-year phase-in of full funding of extraordinary special education State aid.

New Jersey's S 409 phases in full state funding for extraordinary special education aid over three years, directly affecting school districts serving students with severe disabilities requiring high-cost services. The bill sets a schedule where districts receive 65% of full funding in the first year, 80% in the second, and 100% starting the third year. This applies to costs exceeding $40,000 for in-district public education or $55,000 for private placements, with the state covering 90% or 75% of the excess amounts respectively. The measure aims to gradually transition districts from partial to full state reimbursement for these specialized services.