Property tax bills must show school funding cuts from ESA

A bill for an act relating to disclosures on property tax statements concerning school district funding reductions and individual taxpayer payments to the education savings account program.

Introduced· 2025-02-12

Who's it for

Who's it for: Everyday People

What it means for you

7/10Helps you

Good for everyday people ·

Plain‑English summary, cross‑checked against the official bill text.

If passed, your property tax notice will tell you how much your school district lost because of savings account payments and how much of your state tax funds the program.

Our take

What we think, in plain words.

Citizens get clear info on school funding impacts, helping them understand where their money goes and hold officials accountable; the bill adds no new taxes, so no direct cost.

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The facts

What the bill actually says, no spin.

Requires property tax statements to disclose any reduction in school district funding caused by education savings account payments
Requires disclosure of how much of the homeowner's state income tax funds the education savings account program
The Department of Management must calculate the required numbers and send them to the state treasurer
Introduced by Rep. Sean Bagniewski on Feb 12 2025 and referred to the Ways and Means Committee