Bill
Bill > A2269
NJ A2269
NJ A2269Provides additional State school aid to certain school districts; makes an appropriation.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill provides that certain school districts that are subject to a reduction in State school aid under P.L.2018, c.67 (commonly referred to as "S2") for the 2024-2025 school year will receive Supplemental Stabilization Aid. A district would receive Supplemental Stabilization Aid if the district's reduction in State school aid for the 2024-2025 school year under S2 is greater than one percent of the district's total operating budget in the 2023-2024 school year. The aid provided under the bill would ensure that no district receives a reduction in aid from the 2023-2024 school year that is greater than one percent of the district's total operating budget in the 2023-2024 school year. To receive the aid provided under the bill, a school district is required to submit to the Commissioner of Education, in a manner and form to be prescribed by the commissioner, a written plan explaining how the district intends to fund operations in future school years in which the district does not receive Supplemental Stabilization Aid or similar supplemental State school aid. A county vocational school district that receives vocational expansion stabilization aid in the 2024-2025 school year is not eligible to receive Supplemental Stabilization Aid under the bill. The bill appropriates such amounts as are required from the Property Tax Relief Fund to the Department of Education.
AI Summary
This bill provides additional state school aid, called Supplemental Stabilization Aid, to certain school districts for the 2024-2025 school year to mitigate significant reductions in their state funding. Specifically, a district will receive this aid if its reduction in state school aid under P.L.2018, c.67 (often referred to as "S2," a law that revises school funding formulas) is more than one percent of its total operating budget from the previous school year (2023-2024). The amount of this supplemental aid will be the difference between the actual reduction and that one percent threshold, ensuring no district experiences a reduction exceeding one percent of its operating budget. To receive this aid, school districts must submit a plan to the Commissioner of Education detailing how they will use the funds and how they plan to operate in future years without this supplemental aid. However, county vocational school districts that are already receiving vocational expansion stabilization aid are not eligible for this Supplemental Stabilization Aid. The bill also appropriates the necessary funds from the Property Tax Relief Fund to the Department of Education to cover these aid payments.
Committee Categories
Education
Sponsors (3)
Last Action
Introduced, Referred to Assembly Education Committee (on 01/13/2026)
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/2026/A2269 |
| BillText | https://pub.njleg.gov/Bills/2026/A2500/2269_I1.HTM |
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