Bill Text: NY A10304 | 2009-2010 | General Assembly | Introduced

New York Assembly Bill 10304 (Prior Session Legislation)

Introduced

Bill Title: Relates to providing additional reimbursement to school districts for expenses incurred for failure to receive timely payments of state aid, including expenses relating to interest payments and ancillary expenses incurred as a result of not having received aid in a timely manner.

Spectrum: Strong Partisan Bill (Republican 19-1)

Status: (Introduced - Dead) 2010-03-17 - referred to education [A10304 Detail]

Download: New_York-2009-A10304-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         10304
                                 I N  A S S E M B L Y
                                    March 17, 2010
                                      ___________
       Introduced  by M. of A. TEDISCO, CALHOUN, SAYWARD, KOLB, THIELE, RAIA --
         Multi-Sponsored by -- M.  of  A.  BACALLES,  BARRA,  BURLING,  BUTLER,
         CONTE,  CROUCH, ERRIGO, FINCH, FITZPATRICK, HAYES, J. MILLER, REILICH,
         TOWNSEND -- read once and referred to the Committee on Education
       AN ACT to amend the education law, in relation to  providing  additional
         reimbursement to school districts for expenses incurred for failure to
         receive timely payments of state aid
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The education law is amended by adding a new  section  3605
    2  to read as follows:
    3    S  3605.  ADDITIONAL  STATE  REIMBURSEMENT  TO  SCHOOL  DISTRICTS.  1.
    4  NOTWITHSTANDING ANY INCONSISTENT PROVISION OF LAW, THE  STATE  SHALL  BE
    5  LIABLE  FOR  ANY  INTEREST  PAYMENTS OR ANCILLARY EXPENSES INCURRED BY A
    6  SCHOOL DISTRICT AS A RESULT OF THE SCHOOL DISTRICT NOT  HAVING  RECEIVED
    7  TIMELY  PAYMENTS OF STATE AID DUE TO A FAILURE BY THE STATE TO ADOPT THE
    8  AID TO LOCALITIES BUDGET BY APRIL FIRST IN ANY FISCAL YEAR DURING  WHICH
    9  BUDGET  BILLS  AS  DEFINED  BY  ARTICLE SEVEN OF THE CONSTITUTION OF THE
   10  STATE OF NEW YORK HAVE NOT BEEN ADOPTED.
   11    2. WITHIN THIRTY DAYS AFTER THE ADOPTION  OF  SUCH  BUDGET  BILLS  THE
   12  GOVERNOR  SHALL PREPARE AND SUBMIT TO THE LEGISLATURE CHAPTER AMENDMENTS
   13  TO THE AID TO LOCALITIES BUDGET PROVIDING FOR  ADDITIONAL  REIMBURSEMENT
   14  TO REPAY SCHOOL DISTRICTS FOR ANY AND ALL INTEREST PAYMENTS OR ANCILLARY
   15  EXPENSES REFERENCED IN SUBDIVISION ONE OF THIS SECTION.
   16    3.  SUCH REIMBURSEMENT MONEYS SHALL BE PAID UPON THE AUDIT OF VOUCHERS
   17  CERTIFIED BY THE CHIEF FISCAL OFFICER FOR THE SCHOOL DISTRICT  DEMANDING
   18  REIMBURSEMENT  FOR THE INTEREST PAYMENTS AND ANCILLARY EXPENSES INCURRED
   19  BY SUCH SCHOOL DISTRICT.
   20    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15866-01-0