New Jersey 2026-2027 Regular Session

New Jersey Assembly Bill ACR126

Introduced
2/24/26  

Caption

Expresses intent of Legislature that "School Funding Reform Act of 2008" be revised to stabilize State aid reductions.

Impact

The resolution is significant as it calls for a re-evaluation of the SFRA to ensure that school districts, particularly in the Highlands Region, do not face sudden losses in State aid that compromise their ability to provide quality education. The SFRA helps determine funding based on student population, yet the restrictions on development in the Highlands complicate this formula, as it limits the region's capacity to increase its tax base through new housing and businesses that could support school funding.

Summary

ACR126 is a concurrent resolution introduced in New Jersey that expresses the Legislature's intent to revise the School Funding Reform Act of 2008 (SFRA). This resolution highlights concerns regarding significant reductions in State aid to school districts, particularly those located in the Highlands Region where development is restricted. The bill argues that the changes made by the enactment of the P.L.2018, c.67 (commonly referred to as S2) eliminated critical State aid categories like adjustment aid, which had been designed to protect districts from abrupt cuts in funding.

Conclusion

Thus, ACR126 serves both as a litmus test for the New Jersey legislative priorities surrounding education funding and as a rallying point for addressing regional disparities exacerbated by environmental regulations. By expressing a legislative intent to revisit the SFRA, the resolution seeks to bolster support for school districts affected by these changes, potentially reframing the discussion on how State funding is allocated.

Contention

Notably, the resolution also addresses the implications of the Highlands Water Protection and Planning Act, which further complicates development in the area. Opponents of the S2 modifications argue that it has exacerbated funding disparities for districts that cannot grow their enrollment due to these restrictions. Essentially, ACR126 aims to rectify an imbalance created by legislative changes that they assert have moved New Jersey further away from ensuring all students receive a thorough and efficient education.

Companion Bills

NJ SCR108

Same As Expresses intent of Legislature that "School Funding Reform Act of 2008" be revised to stabilize State aid reductions.

Similar Bills

NJ SCR108

Expresses intent of Legislature that "School Funding Reform Act of 2008" be revised to stabilize State aid reductions.

NJ A4860

"Fairness for School Districts in Development Restricted Areas Act"; provides additional State school aid to certain school districts located in municipalities that are part of Highlands or Pinelands preservation areas.

NJ A143

Prohibits State departments and agencies from considering or requiring compliance by Highlands planning area municipalities with Highlands regional master plan in certain circumstances.

US SR316

A resolution expressing condolences of the Senate and honoring the memory of the victims on the third anniversary of the mass shooting at the Fourth of July parade in Highland Park, Illinois, on July 4, 2022.

NJ A144

Provides for direct property tax relief from Highlands Property Tax Stabilization Fund.

NJ A3486

Excludes environmentally sensitive and flood-prone land from designation as vacant or available for purposes of affordable housing construction.

NJ A4817

Allows for exclusion of certain properties from Highlands preservation area.

NJ A3194

Allows residents of certain Highlands municipalities to designate on gross income tax returns that a portion of gross income tax paid be returned to municipality of residence.