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Bill > S120


NJ S120

NJ S120
Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.


summary

Introduced
01/11/2022
In Committee
01/11/2022
Crossed Over
Passed
Dead
01/08/2024

Introduced Session

2022-2023 Regular Session

Bill Summary

P.L.2018, c.67 (C.18A:7F-67 et al.), commonly referred to as "S-2," stipulates that State school aid to certain school districts will be reduced in accordance with a schedule detailed in the law. Under section 4 of P.L.2018, c.67 (C.18A:7F-68), two groups of school districts are not subject to State aid reductions: 1) SDA (former Abbott) districts that spend below adequacy and are located in a municipality in which the equalized total tax rate exceeds the Statewide average; and 2) non-SDA districts that spend below adequacy by at least 10 percent and are located in a municipality in which the equalized total tax rate exceeds the Statewide average by more than 10 percent. This bill provides that any school district that is spending below adequacy will not be subject to State school aid reductions under P.L.2018, c.67.

AI Summary

This bill provides that any school district spending below adequacy will not be subject to State school aid reductions under the "S-2" law (P.L.2018, c.67). The "S-2" law previously exempted only certain districts (SDA/former Abbott districts and non-SDA districts meeting specific criteria) from these aid reductions, but this bill expands the exemption to all districts spending below adequacy, regardless of their location or other factors.

Committee Categories

Education

Sponsors (1)

Last Action

Introduced in the Senate, Referred to Senate Education Committee (on 01/11/2022)

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