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

This bill provides supplemental state aid to New Jersey school districts facing state aid reductions exceeding 1% of their 2023-2024 operating budget. It ensures districts subject to larger cuts under existing law (P.L.2018, c.67) receive funds equal to the difference between their proposed reduction and the 1% threshold. To qualify, districts must submit a plan to the Commissioner of Education detailing how they will fund operations without this aid in future years. The funding comes from the Property Tax Relief Fund and applies to the 2024-2025 school year, excluding vocational districts receiving separate stabilization aid.