New York · 2025 Regular Session · Bill
S 299: Relates to reserve funds to ensure compliance with the tax cap in future school years
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 299 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Relates to reserve funds to ensure compliance with the tax cap in future school years. Primary sponsor: Peter Oberacker (Republican/Conservative). It lists 1 additional sponsor. Most recent recorded action (January 7, 2026): REFERRED TO EDUCATION.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Authorizes school districts with low combined wealth ratios to establish a reserve fund to ensure compliance with the tax cap in future school years.
Sponsors
Sponsors by party (alphabetical): Republican/Conservative 2
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Peter Oberacker | Primary sponsor | Republican/Conservative | Senate | 51 |
| Patrick Gallivan | Co-sponsor | Republican/Conservative | Senate | 60 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO EDUCATION
- REFERRED TO EDUCATION