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Bill

A 3980

Relates to expenditures for Warren county community colleges; extends the effectiveness of provisions relating to an additional Warren county mortgage recording tax

2025 Regular Session Introduced by Matt Simpson

Bill A 3980 extends a mortgage recording tax to fund Warren County community colleges, ensuring vital resources for local students and educational programs.

SUBSTITUTED BY S21
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Bill Summary · A 3980

Summary of Bill A 3980

Overview

Bill A 3980 is a legislative proposal aimed at addressing funding for community colleges in Warren County through the extension of certain tax provisions. Specifically, it seeks to extend the effectiveness of an additional mortgage recording tax that supports these educational institutions.

Purpose and Intent

The primary intent of Bill A 3980 is to ensure continued financial support for community colleges in Warren County. By extending the provisions related to the additional mortgage recording tax, the bill aims to secure necessary funding for educational programs and services that benefit the local community.

Key Provisions

  • Extension of Mortgage Recording Tax: The bill proposes to extend the effectiveness of an additional mortgage recording tax specifically designated for funding Warren County community colleges.
  • Funding Allocation: The revenue generated from this tax is intended to be allocated towards various expenditures related to the operation and enhancement of community colleges in the region.

Affected Parties

  • Warren County Community Colleges: The primary beneficiaries of this bill are the community colleges located in Warren County, which rely on this funding for their operational needs.
  • Local Residents and Students: The extension of this tax is expected to positively impact local residents and students by ensuring the availability of educational resources and programs.

Legislative Timeline

  • Introduced: January 30, 2025
  • Referred to Ways and Means: January 30, 2025
  • Reported and Referred to Rules: June 6, 2025
  • Ordered to Third Reading: June 11, 2025
  • Substituted by S21: June 11, 2025

Related Legislation

  • S 21: This bill has a companion bill, S 21, which may contain similar provisions or objectives related to the funding of community colleges in Warren County.

Conclusion

Bill A 3980 represents a critical effort to maintain and enhance funding for community colleges in Warren County through the extension of a mortgage recording tax. By ensuring that these institutions have the necessary financial resources, the bill aims to support educational opportunities for local residents and contribute to the overall development of the community.

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

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