Requires State school aid reductions in any school year to be applied in following school year.

This bill modifies how New Jersey applies reductions to state school aid, requiring that any cuts made in one school year be postponed and applied to the district's funding in the next school year instead. It directly affects school districts that face budget reductions by ensuring they receive their full allocated aid amount for the current year, with the shortfall deducted later. The law defines "state school aid" to include specific categories like equalization and special education funding, and it overrides previous rules that might have allowed immediate reductions. By deferring these financial adjustments, the measure aims to provide districts with more predictable funding while maintaining the total amount of aid reduced over a two-year period.