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Bill > S139
NJ S139
NJ S139Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill provides that a school district located in a county of the fifth or sixth class will not experience a reduction in State school aid relative to the 2017-2018 school year if the district's equalized valuation for the budget year is less than the equalized valuation for the 2012-2013 budget year. The bill's provisions apply to school districts located in Atlantic, Cape May, Monmouth, and Ocean Counties. The bill's intent is to prevent a reduction in State aid in school districts in areas most heavily impacted by Superstorm Sandy and whose property valuations have yet to recover from the damage caused by the storm.
AI Summary
This bill prevents a reduction in State school aid for school districts located in Atlantic, Cape May, Monmouth, and Ocean Counties that have experienced a decrease in equalized valuation (a measure of property values) since the 2012-2013 school year. The bill's intent is to avoid cuts to state funding for school districts in areas heavily impacted by Superstorm Sandy, where property values have yet to fully recover. The bill ensures these school districts will receive at least the same level of state aid as in the 2017-2018 school year, excluding certain types of targeted aid.
Committee Categories
Education
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Education Committee (on 01/14/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2020/S139 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/S0500/139_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/S0500/139_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/S0500/139_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/S0500/139_I1.PDF |
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