Bill Text: NY A09183 | 2015-2016 | General Assembly | Introduced
Bill Title: Exempts certain BOCES capital expenditures from limitations upon local school district tax levies.
Spectrum: Slight Partisan Bill (Democrat 23-14)
Status: (Introduced - Dead) 2016-06-02 - held for consideration in education [A09183 Detail]
Download: New_York-2015-A09183-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 9183 IN ASSEMBLY February 2, 2016 ___________ Introduced by M. of A. GALEF -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to exempting BOCES capi- tal expenditures from limitations upon local school district tax levies The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph c of subdivision 2 of section 2023-a of the 2 education law, as amended by section 1 of subpart C of part C of chapter 3 20 of the laws of 2015, is amended to read as follows: 4 c. "Capital [local] expenditures" means the taxes associated with 5 budgeted expenditures resulting from the financing, refinancing, acqui- 6 sition, design, construction, reconstruction, rehabilitation, improve- 7 ment, furnishing and equipping of, or otherwise providing for school 8 district capital facilities or school district capital equipment, 9 including debt service and lease expenditures, and transportation capi- 10 tal debt service, subject to the approval of the qualified voters where 11 required by law[. The commissioner of taxation and finance shall, as12appropriate, promulgate rules and regulations which may provide for13adjustment of capital local expenditures to reflect a school district's14share of additional budgeted capital expenditures made by a board of15cooperative educational services] and the school district's share of 16 capital expenditures for boards of cooperative educational services as 17 authorized pursuant to subparagraph one of paragraph b of subdivision 18 four, paragraphs p, t and u of subdivision four, paragraphs a and b of 19 subdivision thirteen, and paragraph a of subdivision fourteen of section 20 nineteen hundred fifty of this title. 21 § 2. Paragraph b of subdivision 4 of section 2023 of the education 22 law, as amended by section 3 of part A of chapter 97 of the laws of 23 2011, is amended to read as follows: 24 b. The resolution of the trustee, board of trustees, or board of 25 education adopting a contingency budget shall incorporate by reference a 26 statement specifying the projected percentage increase or decrease in 27 total spending for the school year, and explaining the reasons for EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13815-01-6