Prohibits certain school districts under State intervention from leasing building if purchase price would be less than total costs of lease.

This bill prohibits New Jersey school districts under state intervention (due to failing governance standards) from leasing buildings if the total lease payments over the lease term would exceed the building's purchase price. It directly affects districts that have not met the governance component of school district effectiveness, requiring them to choose purchasing instead of leasing when leasing would cost more long-term. The law applies immediately to districts under state control or acting on the state's behalf. This creates a clear financial safeguard against costly long-term leases for these districts.