New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A478

Introduced
1/9/24  

Caption

Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

Impact

The proposed bill notably targets several specific school districts by listing them directly, which includes Old Bridge Township and Freehold Regional School District, among others. In total, over 100 school districts are expected to benefit from this supplemental aid. The aim is to address disparities in funding that arise due to differences in local property values and income, ultimately working to ensure that lower-income districts are not unfairly disadvantaged in receiving state educational support.

Summary

Assembly Bill A478 aims to provide supplemental appropriations from the Property Tax Relief Fund specifically designed to bolster State aid for certain school districts in New Jersey. The bill is intended to ensure that these districts receive at least as much State aid in the 2021-2022 fiscal year as they did in the 2017-2018 fiscal year. This provision is particularly crucial for districts with lower property valuation and income levels, ensuring equity in education funding across varying socioeconomic landscapes.

Contention

Discussions surrounding A478 reveal underlying tensions regarding the sources of funding and fiscal responsibility. While proponents argue that the bill addresses critical funding gaps and promotes fairness in educational opportunities, some lawmakers may raise concerns about the sustainability of drawing from the Property Tax Relief Fund for additional ongoing educational expenses. This could lead to debates about the long-term financial strategies of the state and the implications for future tax policies.

Companion Bills

NJ A340

Carry Over Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

NJ S576

Carry Over Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

Previously Filed As

NJ A1081

Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

NJ A2899

Provides supplemental appropriation to ensure certain school districts receive additional amounts of special education categorical aid, security categorical aid, and transportation aid.

NJ A2882

Provides additional State pupil transportation aid to school districts that meet certain criteria.

NJ S490

"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

NJ S1579

Provides supplemental appropriation to ensure certain school districts receive additional amounts of special education categorical, security categorical, and transportation aids.

NJ A1615

Makes supplemental appropriation of $3.5 million to provide additional State school aid to Freehold Regional School District.

NJ A4860

"Fairness for School Districts in Development Restricted Areas Act"; provides additional State school aid to certain school districts located in municipalities that are part of Highlands or Pinelands preservation areas.

NJ A1127

Makes supplemental appropriation of $1.2 million to DOE to provide additional State school aid to Franklin Township School District in Somerset County.

NJ A2269

Provides additional State school aid to certain school districts; makes an appropriation.

NJ A2922

Requires appointment of State monitor to school districts that receive 70 percent or more of revenue from State aid.

Similar Bills

IN HB1315

Township reorganization.

IL SB2504

TWP CD-CONSOLIDATION & MERGER

NJ A1081

Provides supplemental appropriation from Property Tax Relief Fund to DOE to provide additional State aid to certain school districts.

IL HB2515

LOW POP TWP DIST DISSOLUTION

IL SB2163

PROP TX-ASSESSORS

IL HB2826

PROP TX-ASSESSORS

MS SB2225

Columbia Training School; amend certain terms of conveyance by DFA to Marion County Economic Development District.

MS SB2595

Columbia Training School; amend certain terms of conveyance by DFA to Marion County Economic Development District.