Bill

Bill > A3726


NJ A3726

NJ A3726
Ensures no school district receives State school aid reduction greater than five percent.


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 new category of State school aid entitled "stabilized reduction aid." Under the bill, stabilized reduction aid is to be used to ensure that, in the 2024-2025 school year and each school year thereafter, a school district receives no greater than a five percent reduction in State school aid compared to the prior school year. The bill specifies that a county vocational school district would receive the greater of the amount of State school aid calculated pursuant to the provisions of the bill or the amount of State school aid calculated with the inclusion of vocational expansion stabilization aid. Under current law, vocational expansion stabilization aid ensures that a county vocational school district receives no less than the sum of the district's State school aid received in the 2017-2018 school year.

AI Summary

This bill establishes a new category of funding called "stabilized reduction aid" to ensure that school districts do not experience a reduction in State school aid greater than five percent compared to the previous school year, starting in the 2024-2025 school year and continuing thereafter. This applies to various types of State school aid, including equalization aid, special education categorical aid, security categorical aid, transportation aid, and adjustment aid. For county vocational school districts, they will receive the greater of the amount calculated under this new provision or the amount calculated with the inclusion of "vocational expansion stabilization aid," which currently guarantees they receive at least the amount of State school aid from the 2017-2018 school year.

Committee Categories

Education

Sponsors (1)

Last Action

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

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