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Bill > A3449
NJ A3449
NJ A3449Provides that school districts spending below adequacy are not subject to certain State school aid reductions.
summary
Introduced
02/01/2024
02/01/2024
In Committee
02/01/2024
02/01/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 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 is to be reduced in accordance with a schedule detailed in the law. Under section 4 of P.L.2018, c.67 (C.18A:7F-68), certain 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 is not subject to State school aid reductions under P.L.2018, c.67.
AI Summary
This bill amends the existing law, known as "S-2," to provide that any school district spending below adequacy is not subject to State school aid reductions. Previously, the law exempted certain districts from these reductions, such as those located in municipalities with high tax rates and spending below adequacy. This bill expands the exemption to cover all school districts spending below adequacy, regardless of their location or tax rates. The bill aims to ensure that districts spending less than the adequate level of funding are not further penalized through reductions in State aid.
Committee Categories
Education
Sponsors (2)
Last Action
Introduced, Referred to Assembly Education Committee (on 02/01/2024)
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/2024/A3449 |
| BillText | https://pub.njleg.gov/Bills/2024/A3500/3449_I1.HTM |
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