Provides tax levy growth limitation adjustment for school districts experiencing reduction in State aid.

This bill adjusts New Jersey's tax levy growth limit for school districts that receive less state school aid than the previous year. Specifically, it adds a new adjustment factor equal to the decrease in state aid (excluding debt service and preschool aid) relative to the prior year. This allows affected districts to raise local taxes more than the standard 2% limit plus other adjustments (like enrollment or health costs) to compensate for reduced state funding. The change applies to all school districts experiencing a drop in state aid, helping them maintain budgets without needing voter approval for larger tax increases.