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A08372 Summary:

BILL NO    A08372 

SAME AS    No same as 

SPONSOR    Thiele (MS)

COSPNSR    Cahill


Add Art 71 Title 5 SS3501 - 3507, Ed L; rpld Art 13, add S467-g, RPT L; add
SS601-a, 601-b & 1200, rpld SS1204, 1211 & 1212, amd SS1213, 1220, 1222 & 1256,
Tax L

Permits the financing of public schools in New York State within the context of
the following objectives: (1) the elimination of the real property tax to
support public schools, (2) the retention of present levels of local control by
school districts, and (3) the guarantee of quality and equality of educational
opportunity for all children of the state; provides that the state shall assume
all of the costs of basic quality education, including all general and special
educational services which the commissioner, under guidelines established by
the legislature shall define as necessary; provides that such costs shall be
borne by increases in statewide business and individual income taxes in
conjunction with the elimination of school real property taxes.
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