Provides that school districts spending below adequacy will not be subject to certain State school aid reductions.

This bill (S 64) prevents New Jersey school districts that are spending below the state's adequacy standard from facing state aid reductions under existing law. It directly affects all public school districts and county vocational school districts meeting this spending threshold, regardless of their district type (SDA or non-SDA). The key mechanism eliminates the scheduled aid reductions for these districts by exempting them from the reduction schedule outlined in P.L.2018, c.67, ensuring they receive full state aid without cuts. The bill applies to the 2019-2020 through 2024-2025 school years.