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A3662Assembly2019-2020 Session

Study Education Tax Switch

Official title

“Requires a study of the fiscal impacts of changing education funding from a real property tax-based mechanism to an income tax-based mechanism”

Sponsor Aileen GuntherAD-100+6 co-sponsorsAffects Finance
Status
In Assembly Committee
Ways And Means
Impact
2/10
Minimal
Passage
0%

Bill progress

Step 2 of 7

In committee · Ways And Means

What's happening

This bill directs a study on replacing property tax-based school funding in New York with funding from state income taxes.

Why it matters

  1. Highlights deep inequities. in the current school funding system by acknowledging that property tax-based funding leads to significant differences in educational and extracurricular opportunities for students depending on where they live.

  2. Explores statewide fiscal impacts. by requiring a comprehensive study that examines how shifting from property taxes to state income taxes for school funding would affect different geographic regions across New York, potentially surfacing winners and losers in the transition.

  3. Mandates actionable recommendations. by directing the study to propose specific legislative steps to ensure a smooth transition, indicating that the results may directly inform future reforms that could reshape how schools are funded and how tax burdens are distributed in the state.

  4. Sets a tight timeline and broad accountability. by requiring the findings and recommendations be published within a year and delivered to top legislative and executive leaders, signaling urgency and high-level attention to the issue.

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Who cares

Headline styles

Study Education Tax Switch

Plain English, a few words. Used as the page title.

Sponsors

History

  1. Referred to ways and means
  2. Referred to ways and means

Full text

2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗

STATE OF NEW YORK

3662

2019-2020 Regular Sessions

IN ASSEMBLY

January 30, 2019

Introduced by M. of A. GUNTHER, STECK, GALEF, COOK, JAFFEE, RAIA, MONTESANO -- Multi-Sponsored by -- M. of A. CROUCH, GOTTFRIED, PALUM- BO, PEOPLES-STOKES -- read once and referred to the Committee on Ways and Means

AN ACT directing the New York state department of education, the New York state department of taxation and finance, and the commissioner of taxation and finance to study the fiscal impact of funding education with state income tax

The People of the State of New York, represented in Senate and Assembly, do enact as follows:

Section 1. Legislative findings. The legislature finds that within the current education funding system, which is based upon real property taxation, there are inherent inequities throughout the state. Children in different regions of the state receive varying degrees of education and ability to participate in extracurricular activities. The legislature finds that children should not be penalized based upon their geographic location, a factor that is well beyond their control. Therefore, the legislature intends to determine a method of funding education that allows all children to receive the same educational and extracurricular opportunities.

§ 2. The New York state department of education and the commissioner of taxation and finance are hereby authorized and directed to assist the New York state department of taxation and finance in preparing a comprehensive study documenting the fiscal implications of using state income taxes to fund education in lieu of using real property taxes.

Such study shall consider the fiscal impacts on a broad spectrum of geographic regions throughout the state. The study should address as many of the inequities in the current education funding system as the department of education, the commissioner of taxation and finance, and the department of taxation and finance can identify. The study should include legislative recommendations that would help ensure a smooth

EXPLANATION--Matter in italics (underscored) is new; matter in brackets

[ ] is old law to be omitted.

LBD01104-01-9

A. 3662 2

transition from a real property tax based funding mechanism to the income tax based funding mechanism. The results of the study shall be published no later than one year following the effective date of this act. A copy of the results of such study shall be submitted to the governor, the temporary president of the senate, and the speaker of the assembly.

§ 3. This act shall take effect immediately.

Reflowed for reading: line numbers and page breaks removed. Cite the official text.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.