Bill > A4230

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.

AI Summary

Committee Categories

Robert Clifton (R)*,  Paul Kanitra (R)*,  Alex Sauickie (R)*,  John Azzariti (R),  Dawn Fantasia (R),  Vicky Flynn (R),  Michael Inganamort (R),  Greg McGuckin (R),  Gerry Scharfenberger (R), 

Introduced, Referred to Assembly Education Committee (on 05/02/2024)

Official Document