Bill

Bill > A2834


NJ A2834

NJ A2834
Establishes State aid reduction cap of one percent for calculation of State school aid.


summary

Introduced
01/13/2026
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2026-2027 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 cap on the reduction of State school aid provided to school districts, ensuring that the amount of aid a district receives in any given school year is reduced by no more than one percent compared to the previous year's aid. This provision overrides existing laws and regulations that might allow for larger reductions. The bill also amends a previous law (P.L.2018, c.67) to incorporate this one percent reduction cap, specifically for school districts where the calculated "State aid differential" is positive, meaning they would otherwise see a reduction in aid. The "State aid differential" is a calculation used to determine changes in State school aid. The bill takes effect immediately.

Committee Categories

Education

Sponsors (5)

Last Action

Introduced, Referred to Assembly Education Committee (on 01/13/2026)

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