Bill Text: NY A06151 | 2011-2012 | General Assembly | Introduced
Bill Title: Relates to the inclusion of propositions for the expenditure of reserve funds in school budgets.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-05-23 - held for consideration in education [A06151 Detail]
Download: New_York-2011-A06151-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 6151 2011-2012 Regular Sessions I N A S S E M B L Y March 8, 2011 ___________ Introduced by M. of A. BOYLE -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to the inclusion of propositions for the expenditure of reserve funds in school budgets THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 3651 of the education law is amended by adding a 2 new subdivision 5-a to read as follows: 3 5-A. ANY PROPOSITION FOR THE USE OF FUND BALANCE OR EXPENDITURE OF 4 RESERVE FUNDS FOR THE PURPOSES OF REDUCING REAL PROPERTY TAX LEVIES OR 5 BUDGETS BY ANY SCHOOL DISTRICT SHALL BE INCLUDED IN ANY SUBSEQUENT BUDG- 6 ET PROPOSALS OR CONTINGENCY BUDGET FOR ANY GIVEN YEAR. 7 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07732-01-1