Bill > S3076

Introduced Session

This bill amends the FY 2024 appropriations act to provide funding for the restoration of State school aid reductions for certain school districts. The bill ensures that: 1) school districts that previously received an allotment of Supplemental Stabilization Aid under P.L.2023, c.32 receive such aid in the same amount allocated to the district under that law; and 2) that a school district proposed to experience a State school aid reduction in the 2024-2025 school year receive an additional amount of State school aid equal to the difference between the amount of aid received in the 2023-2024 school year and the amount of aid proposed for the 2024-2025 school year. The total funds that would be appropriated under the bill to effectuate these purposes is $210,135,047. The bill would shift a total of approximately $64.9 million in funds from current FY 2024 appropriations, as well as certain unexpended balances from appropriations made in prior fiscal years, to provide for a portion of the total funding needed to effectuate the purposes of the bill. In order to provide for the remaining need, the bill appropriates an additional $145.2 million from the General Fund for the bill's purposes.

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Committee Categories

Tony Bucco (R)*,  Declan O'Scanlon (R)*,  Carmen Amato (R),  Jon Bramnick (R),  Kristin Corrado (R),  Owen Henry (R),  Jim Holzapfel (R),  Joe Pennacchio (R),  Vince Polistina (R),  Holly Schepisi (R),  Bob Singer (R),  Parker Space (R),  Douglas Steinhardt (R),  Mike Testa (R),  Latham Tiver (R), 

Introduced in the Senate, Referred to Senate Education Committee (on 04/11/2024)

Official Document