Prevents State school aid reduction in school districts that experienced decrease in equalized valuation and are located in certain counties.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill aims to protect school districts in certain counties in New Jersey from reductions in state school funding. Specifically, it ensures that districts located in the fifth or sixth class counties – including Atlantic, Cape May, Monmouth, and Ocean – will maintain their state aid levels from the 2017-2018 school year if their property values (equalized valuation) are lower than they were in 2012-2013. The bill was introduced in response to the impact of Superstorm Sandy on these communities and their property values.
Bill text
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Document of record
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Sponsors
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1 on record
Primary sponsor
James Holzapfel
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