Bill
Bill > A4722
NJ A4722
NJ A4722Permits certain school districts to establish State military impact aid reserve account.
summary
Introduced
10/11/2022
10/11/2022
In Committee
03/16/2023
03/16/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
Permits certain school districts to establish State military impact aid reserve account.
AI Summary
This bill permits certain school districts that received unanticipated State military impact aid revenue in the 2021-2022 school year to establish a State military impact aid reserve account. The school district can appropriate the unanticipated State military impact aid revenue to establish or supplement the reserve account in the district's annual budget or through a board resolution. The funds in the reserve account can be used for the district's general fund expenses, and the account must be established and held in accordance with GAAP and subject to annual audit.
Committee Categories
Education
Sponsors (5)
Last Action
Substituted by S3089 (1R) (on 05/25/2023)
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/2022/A4722 |
| BillText | https://pub.njleg.gov/Bills/2022/A5000/4722_R1.HTM |
| Analysis - Statement AED 3/16/23 | https://pub.njleg.gov/Bills/2022/A5000/4722_S1.PDF |
| BillText | https://pub.njleg.gov/Bills/2022/A5000/4722_I1.HTM |
| Bill | https://pub.njleg.gov/Bills/2022/A5000/4722_I1.PDF |
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