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A 8400

Provides for state aid for certain cities, towns, villages or fire districts adversely affected by a concentration of tax exempt property

2025 Regular Session Introduced by Jaime Williams

Bill A 8400 would provide state aid to cities, towns, villages and fire districts harmed by concentrations of tax-exempt property, offsetting lost property tax revenue.

REFERRED TO REAL PROPERTY TAXATION
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WeVote Research Nonpartisan
Bill Summary · A 8400

Summary of Bill A 8400

Overview

  • Bill Number: A 8400
  • Title: Provides for state aid for certain cities, towns, villages or fire districts adversely affected by a concentration of tax-exempt property
  • Sponsor: Jaime R. Williams (primary)
  • Status: REFERRED TO REAL PROPERTY TAXATION
  • Introduced: May 13, 2025

Purpose and Intent

The bill, based on its title, aims to provide state aid to municipalities and fire districts that are negatively impacted by a concentration of tax-exempt property within their boundaries. Such concentrations can reduce local property tax revenue, thereby affecting the ability of affected jurisdictions to fund services and infrastructure.

Key Provisions (Notes on Availability)

  • The full text and specific provisions are not provided in the materials you shared. As a result, the precise mechanisms are not known from this summary.
  • Based on the title, potential areas typically addressed in similar bills (though not confirmed here) might include:
    • Eligibility criteria for cities, towns, villages, and fire districts affected by tax-exempt property concentration.
    • A formula or process for calculating and distributing state aid.
    • Source of funding for the aid (e.g., general fund appropriations or a dedicated fund).
    • Application or certification requirements for affected jurisdictions.
    • Reporting, oversight, and compliance requirements.
    • Any sunset or sunset-review provisions and periodic reevaluation.

Important: The above elements are not specified in the provided materials and are presented as context for what such a bill often contains. The actual bill text would supersede these possibilities.

Affected Parties

  • Potentially affected: Cities, towns, villages, and fire districts that experience a concentration of tax-exempt property within their borders.
  • Other stakeholders may include local taxpayers, taxable-property owners in those jurisdictions, and state agencies involved in tax policy and local government funding.

Procedural and Timeline Aspects

  • Introduction date: May 13, 2025.
  • Current committee assignment: Real Property Taxation. The bill has been referred to that committee, indicating it will undergo committee review and potential amendments before moving to floor consideration.
  • Related activity: The bill has several related and companion bills from prior sessions, suggesting ongoing legislative interest in state aid mechanisms for tax-exempt property concentrations.

Related Legislation

  • Related Bills (prior-session): A 1026, A 1079, A 425, A 790, A 10053, A 732, A 2089, A 5219, A 4303
  • Senate companion: S 6163 (listed as companion)

Next Steps for Tracking

  • Monitor the Real Property Taxation committee for potential hearings, amendments, and votes.
  • Review the released bill text and fiscal impact notes once published to understand funding sources, eligibility, and calculations.
  • Watch for amendments or companion actions in the Senate (S 6163) and any related floor action.

If you’d like, I can tailor this summary further once the bill text becomes available, including a detailed breakdown of any specific provisions, fiscal impact, or implementation timelines.

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

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