NY A03420

Creates a new exemption from New York's school district property tax levy cap for expenditures resulting from court orders or judgments arising from Child Victims Act claims (Civil Practice Law and Rules section 214-g)

Allows school districts to levy taxes above the normal tax cap limit to pay settlements or jury awards in child sexual abuse cases without requiring a 60% voter supermajority approval

Amends multiple sections of education law to incorporate the new exemption alongside existing exemptions for tort judgments exceeding 5% of prior year levy, pension contribution increases, and capital levies

Requires property tax report cards and school budget notices to reflect the updated list of tax cap exemptions when reporting estimated tax levy information to voters

Takes effect immediately and first applies to school district budgets for the 2026-2027 school year