Phases out reimbursements for medical assistance for needy persons by social services districts, reducing them by 10% each year from 2025 to 2034.

The bill phases out reimbursements for medical assistance for needy persons by social services districts, starting with a 10% reduction in 2025 and increasing by 10% each year until reaching a 100% reduction in 2034. After 2034, these reimbursements will remain eliminated. Savings from these reductions will be used for property tax levy reductions or property tax rebates, effective in the local government's fiscal year. This applies to local governments defined by the general municipal law and the education law.

Phases out reimbursements for medical assistance for needy persons by social services districts, reducing them by 10% each year from 2025 to 2034.

The bill phases out reimbursements for medical assistance for needy persons by social services districts, starting with a 10% reduction in 2025 and increasing by 10% each year until reaching a 100% reduction in 2034. After 2034, these reimbursements will remain eliminated. Savings from these reductions will be used for property tax levy reductions or property tax rebates, effective in the local government's fiscal year. This applies to local governments defined by the general municipal law and the education law.