|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 06, 2010||referred to education|
|Jan 07, 2009||referred to education|
senate Bill S306
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S306 - Details
- See Assembly Version of this Bill:
- Law Section:
S306 - Sponsor Memo
BILL NUMBER: S306 TITLE OF BILL : An act directing the New York State department of education, the New York State department of taxation and finance and the state board of real property services to study the fiscal impact of granting local school districts authority to implement an income tax surcharge and providing for the repeal of certain provisions upon expiration thereof PURPOSE : This study would give the Legislature and the public a better idea as to the specific impacts of moving away from the property tax as the principal means of financing education costs in favor of an income-tax surcharge. SUMMARY OF PROVISIONS : The State Education Department, the State Board of Real Property Services and the State Department Taxation and Finance would undertake a comprehensive study documenting the fiscal implications of authorizing the reduction of real-property taxes levied for the purpose of funding education costs through granting local school districts the option to implement an income-tax surcharge.
S306 - Bill Text download pdf
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