"S2 Appropriations Rescue Act"; appropriates $106.5 million to provide Emergency Supplemental Aid to certain school districts, including districts negatively impacted by effects of P.L.2018, c.67.

This bill appropriates $106.5 million from the Property Tax Relief Fund to provide Emergency Supplemental Aid to New Jersey school districts affected by reduced state funding. Eligible districts must have received less than their required funding level (based on 2024-2025 aid) and less than or equal to $19,000 per enrolled student, with specific adjustments compared to the prior year’s funding. Aid amounts are calculated as $250 multiplied by each district’s resident pupil count as of October 16, 2023. The aid targets districts negatively impacted by P.L.2018, c.67 (the "S2" school funding law), which has caused budget shortfalls leading to staff cuts, reduced programs, and school closures in over 290 districts statewide.