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A2269
ASSEMBLY, No. 2269
STATE OF NEW JERSEY
222nd LEGISLATURE
�
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblywoman MARGIE DONLON, M.D.
District 11 (Monmouth)
Co-Sponsored by:
Assemblywomen Peterpaul and Carter
SYNOPSIS
���� Provides additional State school aid to certain
school districts; makes an appropriation.
CURRENT VERSION OF TEXT
���� Introduced Pending Technical Review by Legislative
Counsel.
��
An Act
concerning the provision of State school aid for
certain school districts and making an appropriation.
����
Be It
Enacted
by the Senate and General Assembly of
the State of New Jersey:
���� 1. a. Notwithstanding the
provisions of P.L.2018, c.67 (C.18A:7F-67 et al.) or any other law, rule, or
regulation to the contrary, a school district shall receive an amount of
Supplemental Stabilization Aid, in addition to the amount proposed in the State
aid notice for the 2024-2025 school year distributed to school districts in
March 2024, if:
���� (1)� the district�s State aid
differential, as defined in section 3 of P.L.2018, c.67 (C.18A:7F-67), is
positive in the 2024-2025 school year;
���� (2)� the district is subject
to a State school aid reduction pursuant to the provisions of P.L.2018, c.67
(C.18A:7F-67 et al.) in the 2024-2025 school year; and
���� (3)� the amount of the
district�s proposed reduction in State school aid for the 2024-2025 school year
is greater than one percent of the district�s total operating budget in the
2023-2024 school year.
���� The amount of Supplemental
Stabilization Aid provided to a district shall be equal to the difference
between the district�s proposed reduction in State school aid for the 2024-2025
school year and one percent of the district�s total operating budget in the
2023-2024 school year. To receive the Supplemental Stabilization Aid provided
pursuant to this section, a school district shall submit to the Commissioner of
Education, in a manner and form to be prescribed by the commissioner, a written
plan explaining how the district will allocate these funds and how the district
will fund operations in future school years in which the district does not
receive Supplemental Stabilization Aid or similar supplemental State school
aid.
���� b.� In addition to the amounts
proposed in the State aid notices for the 2024-2025 school year distributed to
school districts in March 2024, there are appropriated such amounts as are
required from the Property Tax Relief Fund to the Department of Education to
effectuate the provisions of this act.
���� c.� The amounts provided to
each school district pursuant to subsection b. of this section shall be
distributed as Supplemental Stabilization Aid, to 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.
���� d.� Supplemental Stabilization
Aid provided pursuant to this section shall not be allocated to a county
vocational school district that, according to the amounts proposed in the State
aid notices for the 2024-2025 school year distributed to school districts in
March 2024, is proposed to receive vocational expansion stabilization aid
pursuant to section 5 of P.L.2018, c.67 (C.18A:7F-69).
���� 2.� This act shall take effect
immediately and the aid provided pursuant to this act shall be distributed to
school districts in the 2024-2025 school year.
STATEMENT
���� 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.