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A00091 Summary:
BILL NO | A00091 |
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SAME AS | No Same As |
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SPONSOR | Cahill (MS) |
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COSPNSR | |
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MLTSPNSR | Epstein, Peoples-Stokes, Perry, Thiele |
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Add Title V Art 71 §§3501 - 3506, amd §§1909, 3601, 3602 & 3651, Ed L; rpld Art 13, amd RPT L, generally; rpld §§1204, 1211 & 1212, §1261 sub (e), §1262 sub (e), amd Tax L, generally | |
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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; requires board of regents to establish a schedule of mandatory basic services and costs thereof; provides that school districts shall submit an annual basic budget to the department of education for basic services; increases taxes on personal income and business; makes special provisions for reduction of tax in certain cities and for reduction in rent by tenants in such cities; provides for phased in methods of funding using a "Basic Quality Education" formula; repeals certain provisions of the tax law and real property tax law relating thereto. |