STATE OF NEW JERSEY
222nd LEGISLATURE
PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION
Sponsored by:
Assemblywoman ANDREA KATZ
District 8 (Atlantic and Burlington)
SYNOPSIS
Ensures that certain regional school districts receive no less than total amount of State school aid provided in 2024-2025 school year.
CURRENT VERSION OF TEXT
Introduced Pending Technical Review by Legislative Counsel.
An Act concerning State school aid and supplementing P.L.2007, c.260 (C.18A:7F-43 et al.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. Notwithstanding the provisions of any other law, rule, or regulation to the contrary, a regional school district consisting of more than seven constituent school districts shall receive regional stabilization aid in an amount to ensure that the district receives the greater of the amount of State aid calculated pursuant to P.L.2007, c.260 (C.18A:7F-43 et al.) or the sum of the district’s State school aid in the 2024-2025 school year, which sum shall include equalization aid, special education categorical aid, security categorical aid, transportation aid, adjustment aid, and the amount of a Stabilized School Budget aid grant provided to the district pursuant to section 1 of P.L.2024, c.13.
2. This act shall take effect immediately and regional stabilization aid shall first be distributed in the 2025-2026 school year.
STATEMENT
This bill creates a new category of State school aid known as “regional stabilization aid.” The aid ensures that certain regional school districts receive the greater of: 1) the amount of State school aid calculated pursuant to the current school funding law; or 2) the sum of the district’s State school aid in the 2024-2025 school year, which includes equalization aid, special education categorical aid, security categorical aid, transportation aid, adjustment aid, and any Stabilized School Budget aid provided to the district pursuant to P.L.2024, c.13. A regional school district is eligible for regional stabilization aid if the district consists of more than seven constituent school districts.