Reestablishes senior citizen supplemental stabilization aid.

This bill restores a state education funding program providing $500 per student to school districts in New Jersey municipalities where over 51% of residents are 65 or older (based on the 2000 census). It directly affects districts in communities like Manchester Township and Berkeley Township, which meet this threshold. The aid is calculated using projected student enrollment, not actual enrollment, and reduces the tax burden on qualifying municipalities by lowering their share of regional school district costs. This revives a program originally established in 1996 but repealed in 2008.