Bill

Bill > A1894


NJ A1894

NJ A1894
Prohibits certain school districts under State intervention from leasing building if purchase price would be less than total costs of lease.


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 prohibits a school district under State intervention which has not had the governance component of school district effectiveness returned to local control, or the State acting on its behalf, from leasing a building as a lessee, if the total costs of the lease exceed the purchase price of the building.

AI Summary

This bill prohibits school districts under state intervention that have not had their governance component of district effectiveness returned to local control from leasing a building if the total lease costs over the term of the lease would exceed the purchase price of the building. The term "state intervention" refers to the state taking over control of a school district due to issues with its effectiveness.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced, Referred to Assembly Education Committee (on 01/14/2020)

bill text


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