Bill Text: NY S00619 | 2017-2018 | General Assembly | Introduced


Bill Title: Relates to the recovery of certain building aid penalties by the state education department; authorizes SED to recover building aid in six equal annual installments beginning the later of June 2018 or June of the school year in which such district is notified of the penalty where such penalty exceeds $2,200,000 and also exceeds 2 percent of such district's total general fund expenditures for the 2013-14 school year.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO EDUCATION [S00619 Detail]

Download: New_York-2017-S00619-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                           619
                               2017-2018 Regular Sessions
                    IN SENATE
                                     January 4, 2017
                                       ___________
        Introduced  by Sens. BOYLE, CROCI -- read twice and ordered printed, and
          when printed to be committed to the Committee on Education
        AN ACT relating to the recovery of certain building aid penalties by the
          state education department
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section 1. Notwithstanding any provision of law to the contrary, for a
     2  school  district  with  a  penalty  pursuant to a notice of building aid
     3  recovery where such  penalty  exceeds  $2,200,000  and  also  exceeds  2
     4  percent  of  such  district's  total  general  fund expenditures for the
     5  2013-14 school year, the commissioner of education  shall  recover  such
     6  penalty  in  six  equal annual installments beginning the later of June,
     7  2018 or June of the school year in which such district  is  notified  of
     8  the  penalty.  Provided  further that such district may elect to make an
     9  initial payment no later than thirty days in advance of the first annual
    10  installment which shall reduce the amount of each annual installment.
    11    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05406-01-7
feedback