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Bill > A767


NJ A767

NJ A767
Reestablishes senior citizen supplemental stabilization aid.


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 reestablishes the State education aid category known as senior citizen supplemental stabilization aid. This aid category was originally established under the "Comprehensive Educational Improvement and Financing Act of 1996" (CEIFA), P.L.1996, c.138, and provided additional aid to school districts located in municipalities in which at least 45% of the residents were 65 years old or older. The statute authorizing this State aid category was repealed with the passage of the "School Funding Reform Act of 2008," P.L.2007, c.260. Under this bill, $500 per pupil will be provided for students residing in municipalities in which at least 51% of the residents are 65 years old or older. According to the 2000 federal decennial census, two municipalities, Manchester Township and Berkeley Township, meet the 51% threshold. Since Berkeley Township is one of the constituent municipalities of the Central Regional School District, the additional aid for the Berkeley students attending this district will be used to reduce the township's share of the regional school tax apportionment.

AI Summary

This bill reestablishes the State education aid category known as senior citizen supplemental stabilization aid, which provides additional aid to school districts located in municipalities where at least 51% of the residents are 65 years old or older. The bill provides $500 per pupil for students residing in these municipalities, and the additional aid for regional school districts will be used to reduce the qualifying municipality's share of the regional school tax apportionment. The aid will not be adjusted based on the school district's actual resident enrollment in the budget year and will first apply in the 2008-2009 school year.

Committee Categories

Health and Social Services

Sponsors (3)

Last Action

Introduced, Referred to Assembly Aging and Senior Services Committee (on 01/14/2020)

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