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A05049 Summary:

BILL NOA05049
 
SAME ASNo Same As
 
SPONSORJacobson
 
COSPNSREachus
 
MLTSPNSR
 
 
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.
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A05049 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5049
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 11, 2025
                                       ___________
 
        Introduced by M. of A. JACOBSON, EACHUS -- read once and referred to the
          Committee on Education
 
        AN  ACT  to establish a task force on education funding and property tax
          reform
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Task  force on education funding and property tax reform.
     2  1. There is hereby created a task force on education funding and proper-
     3  ty tax reform in New York state within the state  education  department.
     4  The  purpose of the task force shall be to conduct a comprehensive study
     5  and provide recommendations on education funding and the role of proper-
     6  ty taxes in funding New York's education system to ensure an  effective,
     7  efficient,  and  equitable  system of funding public education. The task
     8  force shall review and offer recommendations on the following:
     9    (a) the current reliance on property taxes to fund New  York's  educa-
    10  tion  system,  including  its  impact  on taxpayers and high-need school
    11  districts;
    12    (b) district-specific factors, such as the impact  of  regional  costs
    13  and student need in education funding;
    14    (c)  federal  changes  which  impact property taxes, including but not
    15  limited to, the federal cap on the state and local tax deduction;
    16    (d) community and school district income and wealth as it  relates  to
    17  local property taxes;
    18    (e) the use of property taxes to fund education in other states;
    19    (f) spending disparities among neighboring school districts; and
    20    (g) additional relevant factors that the task force deems necessary.
    21    2. (a) The task force shall consist of seventeen members as follows:
    22    (i)  the commissioner of education or the commissioner's designee, who
    23  shall serve as chair of the task force;
    24    (ii) four people appointed by the governor;
    25    (iii) four people appointed by the temporary president of the senate;
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02335-01-5

        A. 5049                             2
 
     1    (iv) four people appointed by the speaker of the assembly; and
     2    (v) four people appointed by the commissioner of education.
     3    (b)  All  appointments  of  members of the task force shall be made no
     4  later than thirty days after the effective date of this  act.  The  task
     5  force  may begin its duties when a majority of the total number of posi-
     6  tions have been appointed. Any vacancy shall be filled by the appointing
     7  authority.  The members of the task force shall receive no  compensation
     8  for their services.
     9    3. The task force shall make a report to the governor, temporary pres-
    10  ident of the senate and speaker of the assembly of its findings, conclu-
    11  sions and recommendations on or before December 31, 2025.
    12    § 2. This act shall take effect immediately.
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