Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

S 449 ensures New Jersey school districts spending below the state's minimum funding standard (adequacy) will not face State school aid reductions during the 2019-2025 school years. It removes a previous requirement that limited this protection to districts in high-tax municipalities, so all qualifying districts - regardless of location - will be exempt. The key mechanism amends existing law to prevent reductions from applying to these districts, guaranteeing they maintain at least their prior year's aid levels. This directly affects school districts meeting the adequacy threshold, protecting their funding without the phased cuts planned for other districts.