Establishes School Funding Formula Evaluation Task Force.
This bill establishes a 7-member School Funding Formula Evaluation Task Force to study New Jersey's current school funding system under the 2008 School Funding Reform Act. The task force, including education and finance experts appointed by legislative leaders, will examine how school budgets are calculated, how student needs are weighted (including at-risk students and special education), and the impact of funding formulas on school finances. It must hold public meetings across the state and submit a final report with recommendations to the Governor and Legislature within one year, though the bill itself does not change funding. The study directly affects all public school districts and their funding allocations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2024
Committee Review
Floor Vote
Governor
Introduced Mar 7, 2024
Last action Mar 7, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Mar 7, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Education Committee
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andrea Katz
DDemocratic
P
Mike Venezia
DDemocratic
P
Mitchelle Drulis
DDemocratic
Ask Maddy
·
AI policy assistant
Ask Maddy about A 4003
Scope: NJ
Hi! I can help you understand A 4003. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline