Bill

A 4808

Makes an appropriation to the Island Park School District to offset a loss of tax revenue

2025 Regular Session Introduced by Ari Brown and 5 co-sponsors

Authorizes a state appropriation to Island Park School District to offset tax revenue losses, boosting district funding and easing local taxes.

REFERRED TO WAYS AND MEANS

WeVote Research Nonpartisan

Bill Summary · A 4808

A 4808 is an appropriation bill intended to provide funding to Island Park School District to offset a loss of tax revenue.

Purpose: To authorize a state appropriation to Island Park School District aimed at offsetting a loss of tax revenue the district experiences.
Status: Referred to the Assembly Ways and Means Committee. This indicates the bill is in the early stage of the legislative process and will be considered by the committee before moving forward.
Introduced: February 6, 2025.

The bill would authorize a state appropriation specifically for Island Park School District to compensate for revenue declines tied to tax revenue losses.
The summary available does not specify:
- The exact dollar amount of the appropriation.
- The criteria for eligibility or distribution mechanics (who qualifies, payment schedule, or whether funds are one-time or ongoing).
- Any conditions or reporting requirements attached to the funds.
- Any interaction with local taxes, district budgets, or other state funding streams.
The detailed text of the bill would provide these specifics.

Primary beneficiary: Island Park School District, which would receive state funds to offset reduced tax revenue.
Residents and taxpayers in Island Park: The measure could influence local school funding adequacy and potentially affect property tax decisions if the district’s revenue picture improves due to the appropriation.
State budget context: The bill would authorize new state spending, contributing to the overall state operating budget and requiring appropriation authority from the Legislature and the Governor if enacted.

The bill is in the initial committee stage, having been referred to the Ways and Means Committee on February 6, 2025.
As a Ways and Means referral, the next steps would typically include committee consideration, potential amendments, and votes in the Assembly, followed by movement to the Senate (and possible reconciliation) if advanced.
Related/potentially connected legislation includes:
- A 9908, A 10011, and A 1021 (prior-session bills with similar themes or provisions).
- Senate companion: S 6585 (listed as a companion in two entries), which may indicate parallel action in the Senate.

The presence of related bills and a Senate companion suggests ongoing legislative interest in providing targeted support to Island Park School District or addressing similar revenue-replacement needs in other districts.
The final impact will depend on the bill’s text, including the appropriation amount, implementation details, and any conditions attached by the Legislature.

Compiled from official sources — confirm details with the bill’s official record.