The bill, which aims to review how the state’s K-12 schools are funded, was approved by the Senate on Monday and is on track for the Assembly to vote.

The bill, if passed, will create a task force of experts tasked with revising the School Funding Reform Act 2008 SFRA, which determines how much money is allocated annually to school districts.

The bill has bipartisan support in the Senate. Senator Stephen Oroha, his Republican sponsor representing cities in Morris, Warren and Sussex counties, wants to return aid to suburban and rural areas that lost it in previous years.

His Democratic sponsor from South Jersey, Senator Vin Gopal, said he wanted to bring transparency to the school’s funding process and make a “fundamental reassessment” of how it works for New Jersey.

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