Bill > A4437

Introduced Session

This bill provides a $54.6 million appropriation to restore 55 percent of State school aid reductions proposed for the 2024-2025 school year. This is the amount of State school aid reductions that remains after consideration of funding that is provided through P.L.2024, c.13. P.L.2024, c.13 establishes a Stabilized School Budget Aid Grant Program, which provides aid grants to eligible school districts equal to 45 percent of the amount of the school districts' State school aid reductions as calculated for the 2024-2025 school year. This bill provides an additional round of funding through the Stabilized School Budget Aid Grant Program to restore the remaining 55 percent of proposed State school aid reductions.

AI Summary

Committee Categories

Andrea Katz (D)*, 

Introduced, Referred to Assembly Education Committee (on 05/20/2024)

Official Document