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Bill > A5253
NJ A5253
NJ A5253"Fully Funding Schools and Cutting Property Taxes Act"; repeals certain sections of law; requires additional aid to lower property taxes commensurate with residents' ability to support schools; appropriates $2.9 billion.
summary
Introduced
02/28/2023
02/28/2023
In Committee
02/28/2023
02/28/2023
Crossed Over
Passed
Dead
01/08/2024
01/08/2024
Introduced Session
2022-2023 Regular Session
Bill Summary
"Fully Funding Schools and Cutting Property Taxes Act"; repeals certain sections of law; requires additional aid to lower property taxes commensurate with residents' ability to support schools; appropriates $2.9 billion.
AI Summary
This bill, titled the "Fully Funding Schools and Cutting Property Taxes Act", repeals certain sections of existing law and requires additional state aid to lower property taxes commensurate with residents' ability to support schools. It appropriates $2.9 billion to provide increased state school aid in the 2023-2024 school year. The bill also includes provisions to ensure school districts receive the greatest amount of state aid, allows districts to petition for additional aid, and requires districts that receive increased aid to reduce their adjusted tax levies accordingly, subject to certain criteria.
Committee Categories
Education
Sponsors (29)
John DiMaio (R)*,
Christian Barranco (R),
Brian Bergen (R),
John Catalano (R),
Robert Clifton (R),
DeAnne DeFuccio (R),
Chris DePhillips (R),
Aura Dunn (R),
Kimberly Eulner (R),
Vicky Flynn (R),
DiAnne Gove (R),
Don Guardian (R),
Sean Kean (R),
Michele Matsikoudis (R),
Antwan McClellan (R),
Greg McGuckin (R),
Nancy Muñoz (R),
Bethanne Patrick (R),
Erik Peterson (R),
Marilyn Piperno (R),
Kevin Rooney (R),
Brian Rumpf (R),
Alex Sauickie (R),
Beth Sawyer (R),
Gerry Scharfenberger (R),
Erik Simonsen (R),
Claire Swift (R),
Edward Thomson (R),
Brandon Umba (R),
Last Action
Motion To Table (42-33-0) (Greenwald) (on 06/30/2023)
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/A5253 |
| BillText | https://pub.njleg.gov/Bills/2022/A5500/5253_I1.HTM |
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