S 2879
Establishes "School Finance Reform Commission."
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Bill overview
This bill creates the "School Finance Reform Commission" to study and recommend improvements to how schools are funded and budgeted in New Jersey. The commission will examine issues like property tax levies and the calculation of local funding shares. It will be composed of state officials and public members appointed by various legislative leaders and the Governor. The commission’s findings and recommendations will be compiled into a report to be submitted to the Governor and the Legislature within a year of its formation.
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