Reestablishes senior citizen supplemental stabilization aid.

This bill reestablishes state education funding for school districts located in municipalities where over 51% of residents are age 65 or older, based on the latest federal census. It provides $500 per student in projected enrollment to qualifying districts, directly affecting school funding in areas like Manchester Township and Berkeley Township (where Berkeley is part of a regional school district). The aid is calculated using projected enrollment (not actual enrollment) and reduces the qualifying municipality’s share of regional school district taxes. This policy change revives a program repealed in 2008, targeting districts with significant senior populations to stabilize education funding.