Provides for full funding of extraordinary special education State aid.

This bill changes New Jersey's funding for high-cost special education services, requiring the state to reimburse school districts 100% of costs exceeding thresholds instead of the previous partial rates. It directly affects school districts educating students with disabilities in public or private placements when costs surpass $40,000 (for public school settings) or $55,000 (for private school placements). The key mechanism updates the reimbursement calculation to cover the full amount of costs above these thresholds, replacing the prior 90% (public) and 75% (private) rates. Districts must apply for reimbursement by documenting expenses, with payments issued in the following school year.