Bill Text: NY A09825 | 2017-2018 | General Assembly | Introduced
Bill Title: Provides that component school districts cannot impose a tax levy for their share of the board of cooperative educational services capital expenditures.
Spectrum: Moderate Partisan Bill (Democrat 7-2)
Status: (Introduced - Dead) 2018-06-19 - substituted by s7730 [A09825 Detail]
Download: New_York-2017-A09825-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ S. 7730 A. 9825 SENATE - ASSEMBLY February 14, 2018 ___________ IN SENATE -- Introduced by Sen. MURPHY -- read twice and ordered print- ed, and when printed to be committed to the Committee on Education IN ASSEMBLY -- 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 the component school districts' share of the capital expenditures of a board of cooperative educational services The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph b of subdivision 13 of section 1950 of the educa- 2 tion law, as added by chapter 33 of the laws of 1976, is amended to read 3 as follows: 4 b. The acquisition of such facilities is hereby declared and deter- 5 mined to be a school district purpose and an object or purpose for which 6 each such component school district is hereby authorized to expend money 7 and contract indebtedness. The period of probable usefulness of such 8 object or purpose is hereby determined to be thirty years. Each such 9 component school district is hereby authorized to finance its share of 10 the cost of the acquisition of such facilities together with costs inci- 11 dental to such financing, including, but not limited to legal fees, 12 printing, engraving and publication of notices, either from any current 13 funds legally available therefor, or by the issuance of obligations 14 pursuant to the local finance law; provided, however, that subject to 15 the approval of the qualified voters, the school district's share of 16 capital local expenditures approved by the board of education of the 17 board of cooperative educational services, as defined in subparagraph 18 (ii) of paragraph c of subdivision two of section two thousand twenty- 19 three-a of this title, shall not be included in such component school 20 district's tax levy pursuant to such paragraph. Provided, further, that 21 (i) no approval of the voters of such component school district shall be 22 required, (ii) the voting of a special tax or a tax to be collected in 23 installments shall not be a condition precedent to the adoption of a 24 bond resolution for such object or purpose, (iii) a majority vote of the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14552-04-8S. 7730 2 A. 9825 1 entire voting strength of the board of education shall be sufficient for 2 adoption of such a bond resolution, which bond resolution may be adopted 3 at a regular meeting, or a special meeting of the board of education 4 called on not less than twelve hours oral or written notice, which may 5 be held either within or outside of such district, (iv) any such bond 6 resolution shall take effect immediately and shall not be subject either 7 to a mandatory or permissive referendum, and (v) no such bond resolution 8 shall be adopted prior to the execution by the board of cooperative 9 educational services and the component school districts of such board of 10 cooperative educational services of the agreement required by paragraph 11 a of this subdivision. 12 § 2. Paragraph c of subdivision 2 of section 2023-a of the education 13 law, as amended by section 1 of subpart C of part C of chapter 20 of the 14 laws of 2015, is amended to read as follows: 15 c. "Capital local expenditures" means (i) the taxes associated with 16 budgeted expenditures resulting from the financing, refinancing, acqui- 17 sition, design, construction, reconstruction, rehabilitation, improve- 18 ment, furnishing and equipping of, or otherwise providing for school 19 district capital facilities or school district capital equipment, 20 including debt service and lease expenditures, and transportation capi- 21 tal debt service, subject to the approval of the qualified voters where 22 required by law; and (ii) the school district's share of capital local 23 expenditures, as defined in subparagraph (i) of this paragraph, of the 24 board of cooperative educational services of which the school district 25 is a component, as authorized pursuant to paragraph b of subdivision 26 thirteen of section nineteen hundred fifty of this title. [The commis-27sioner of taxation and finance shall, as appropriate, promulgate rules28and regulations which may provide for adjustment of capital local29expenditures to reflect a school district's share of additional budgeted30capital expenditures made by a board of cooperative educational31services.] 32 § 3. This act shall take effect immediately; provided that the amend- 33 ments to section 2023-a of the education law, made by section two of 34 this act, shall not affect the expiration and repeal of such section, 35 and shall expire and be deemed repealed therewith.