NJ S109

Bill

Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.

Introduced
01/11/2022

In Committee
01/11/2022

Crossed Over

Passed

Dead
01/08/2024

Introduced Session

2022-2023 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 provides that a school district located in a county of the fifth or sixth class (Atlantic, Cape May, Monmouth, and Ocean Counties) will not experience a reduction in State school aid relative to the 2017-2018 school year if the district's equalized valuation (a measure of property value) for the budget year is less than the equalized valuation for the 2012-2013 budget year. 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.

Committee Categories

Education

Sponsors (1)

Jim Holzapfel (R)*,

Last Action

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

Official Document

https://www.njleg.state.nj.us/bill-search/2022/S109

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.njleg.state.nj.us/bill-search/2022/S109
BillText	https://www.njleg.state.nj.us/Bills/2022/S0500/109_I1.HTM
Bill	https://www.njleg.state.nj.us/Bills/2022/S0500/109_I1.PDF

Bill	Bill Name	Last Action	Type
A3380	Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.	Introduced, Referred to Assembly Education Committee	Same As
A444	Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.	Introduced, Referred to Assembly Education Committee	Carry Over
S139	Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.	Introduced in the Senate, Referred to Senate Education Committee	Carry Over

Bill > S109

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (1)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary