Bill > A00097

This bill makes provisions for the state to assume all costs of basic quality education and for the elimination of real property taxes for the support of education. It requires the board of regents to establish a schedule of mandatory basic services and costs thereof, and provides that school districts shall submit an annual basic budget to the department of education for basic services. The bill increases taxes on personal income and business, and makes special provisions for reduction of tax in certain cities and for reduction in rent by tenants in such cities. It provides for phased in methods of funding using a "Basic Quality Education" formula, and repeals certain provisions of the tax law and real property tax law relating thereto.

Education

https://www.nysenate.gov/legislation/bills/2021/A97