New Jersey 2024-2025 Regular Session

New Jersey Assembly Bill A3449

Introduced
2/1/24  

Caption

Provides that school districts spending below adequacy are not subject to certain State school aid reductions.

Impact

If enacted, A3449 would directly amend existing laws relating to state aid for school districts. Under current law, certain districts facing inadequate funding may experience state aid reductions even when they are below the required spending levels. By removing these reductions for districts that fall beneath adequate funding thresholds, the bill aims to stabilize and support the financial resources necessary for these schools to operate effectively.

Summary

Bill A3449, introduced in the New Jersey Legislature, aims to revise the state school aid system by ensuring that school districts spending below 'adequacy' levels are not subject to certain cuts in state aid. Specifically, it addresses provisions from the previous legislation known as P.L.2018, c.67, which established a framework for how state school aid is allocated and adjusted over various school years. The bill seeks to protect these districts from reductions, thereby providing them additional financial support.

Contention

Discussions surrounding A3449 may focus on the implications of altering funding formulas, particularly how this may affect districts with different financial needs and challenges. Some stakeholders may argue that while the bill is intended to assist underfunded districts, it could inadvertently create disparities by promoting a reliance on state aid without encouraging local funding solutions. Furthermore, there may be concerns regarding the long-term sustainability of funding under this amendment and its overall impact on the state's educational budget.

Companion Bills

NJ S449

Same As Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

NJ S120

Carry Over Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

Previously Filed As

NJ S449

Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

NJ S120

Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

NJ S3659

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ S3118

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ A5599

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ S3950

Establishes exemption from State school aid reductions for certain school districts.

NJ A5575

Establishes exemption from State school aid reductions for certain school districts.

NJ S1671

Revises schedule of State school aid reduction for school districts in Highlands Region.

NJ A3452

Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.

NJ S2434

Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.

Similar Bills

NJ S3659

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ S3118

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ A5599

Provides that regional school districts are not subject to State school aid reductions under certain circumstances.

NJ S3950

Establishes exemption from State school aid reductions for certain school districts.

NJ A5575

Establishes exemption from State school aid reductions for certain school districts.

NJ A4404

Establishes State school aid reduction cap.

NJ A4166

Establishes State aid reduction cap of one percent for calculation of State school aid.

NJ S3075

Establishes State aid reduction cap of one percent for calculation of State school aid.