Requires State to bear partial cost of transportation of certain homeless students to school.

This bill requires New Jersey to cover transportation costs for certain homeless students that exceed the average per-pupil cost in their school district. It directly affects two groups: (1) homeless students temporarily living in a district different from their district of residence while attending school there, and (2) students displaced by terrorism or natural disasters (with state emergency declarations) who remain in their original district for up to two years. Under the bill, the state pays for transportation costs above the district’s average per-pupil transportation expense in both scenarios. The policy change modifies existing laws to shift this specific cost burden from local districts to the state.