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NY A05049
Bill
Status
Introduced
2/11/2025
Primary Sponsor
Jonathan Jacobson
Click for details
AI Summary
- Creates a 17-member task force on education funding and property tax reform within the State Education Department, chaired by the Commissioner of Education or designee
- Task force appointments include 4 members each from the Governor, Senate Temporary President, Assembly Speaker, and Commissioner of Education, to be made within 30 days of the act taking effect
- Requires study of property tax reliance for education funding, including impacts on taxpayers and high-need school districts, regional cost factors, and spending disparities among neighboring districts
- Examines federal policy impacts on property taxes, including the state and local tax (SALT) deduction cap
- Task force must submit findings and recommendations to the Governor, Senate, and Assembly by December 31, 2025
Legislative Description
Establishes the task force on education funding and property tax reform within the education department to conduct a comprehensive study and provide recommendations on education funding and the role of property taxes in funding New York's education system.
Last Action
referred to education
1/7/2026
Committee Referrals
Education2/11/2025
Full Bill Text
No bill text available