Bill > S03269

This bill establishes the New York State Aid and Incentives for Municipalities (AIM) Redesign Task Force, a seven-member committee composed of representatives from key state and local government organizations, including the Division of Budget, State Comptroller, and various municipal associations. The task force is charged with conducting a comprehensive review of the current AIM funding formula, analyzing alternative funding models from other states (with the strict caveat that these alternatives cannot introduce funding for municipalities not currently receiving AIM funds), and developing recommendations for potential future funding allocations. Members will serve without compensation but will be reimbursed for expenses, and they are required to submit a detailed report to the Governor, Assembly Speaker, and Senate President within one year of the act's effective date. The department of taxation and finance and the division of the budget will provide requested data to support the task force's work, and the group is permitted to consult with public and private entities to gather information. The task force is set to expire on December 31, 2026, ensuring a time-limited examination of the municipal funding approach.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S3269