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Bill > S3075
NJ S3075
NJ S3075Establishes State aid reduction cap of one percent for calculation of State school aid.
summary
Introduced
04/11/2024
04/11/2024
In Committee
04/11/2024
04/11/2024
Crossed Over
Passed
Dead
01/12/2026
01/12/2026
Introduced Session
2024-2025 Regular Session
Bill Summary
This bill establishes a State aid reduction cap for the calculation of State school aid in any school year. The bill ensures that the amount of State school aid disbursed to a district in a school year is reduced by no more than one percent of the prior year's amount of aid.
AI Summary
This bill establishes a State aid reduction cap of one percent for the calculation of State school aid in any school year. This ensures that the amount of State school aid disbursed to a district in a school year is reduced by no more than one percent of the prior year's amount of aid, regardless of the provisions in other existing laws related to State school aid.
Committee Categories
Education
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Education Committee (on 04/11/2024)
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/S3075 |
| BillText | https://pub.njleg.gov/Bills/2024/S3500/3075_I1.HTM |
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