Appropriates funds up to $25 million for distribution to certain school districts to support health care cost increases.

This bill allocates up to $25 million from the Property Tax Relief Fund to help certain New Jersey school districts cover rising health care costs. To qualify, a district must be spending below an adequacy threshold, have used its maximum allowable tax levy increase for the 2026-2027 school year, and lack available tax cap reserves. Eligible districts will receive a share of the funds based on their proportionate contribution to the statewide increase in health care costs.