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Bill > S409


NJ S409

NJ S409
Requires nonpublic secondary schools and independent institutions of higher education to make payment to school districts for educational costs of students residing in tax-exempt housing upon adoption of resolution by municipal governing body.


summary

Introduced
01/14/2020
In Committee
01/14/2020
Crossed Over
Passed
Dead
01/11/2022

Introduced Session

2020-2021 Regular Session

Bill Summary

This bill would require that, upon adoption of a resolution by the governing body or bodies of a municipality or municipalities constituting a school district, a nonpublic school which offers an educational program for students in grades 9 through 12, or in any one or more of those grade levels, or an independent institution of higher education to annually make a payment for any student who resides in a tax-exempt facility located on property owned by the entity and is enrolled in a public school district or a charter school. The amount of the payment will equal the district's per pupil general fund local levy amount for the budget year. Under the bill's provisions, annually by November 1 of the budget year, a board of education would notify the nonpublic school or independent college or university of the number of resident students enrolled in the school district or a charter school who reside in a tax-exempt facility owned by the entity, the per pupil general fund local levy amount, and the total payment owed to the district. The payment must be forwarded to the board of education within 60 days of receipt of the notice of the required payment. The recipient district's tax levy growth cap for the subsequent school year will be reduced by the amount of the total payment received under this bill, thus ensuring that the additional revenue is used to reduce property taxes.

AI Summary

This bill would require that, upon adoption of a resolution by the governing body or bodies of a municipality or municipalities constituting a school district, a nonpublic secondary school or an independent institution of higher education located in the state must annually make a payment for any student who resides in a tax-exempt facility owned by the entity and is enrolled in a public school district or a charter school. The payment amount would equal the district's per pupil general fund local levy for the budget year. The bill also amends existing law to reduce the tax levy growth cap for the recipient school district in the subsequent year by the amount of the payment received, ensuring the additional revenue is used to reduce property taxes.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Education Committee (on 01/14/2020)

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