Bill Text: NY S02973 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to the apportionment of moneys for capital outlays and debt service for school building purposes.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO EDUCATION [S02973 Detail]

Download: New_York-2019-S02973-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          2973
                               2019-2020 Regular Sessions
                    IN SENATE
                                    January 31, 2019
                                       ___________
        Introduced  by  Sen.  BIAGGI -- read twice and ordered printed, and when
          printed to be committed to the Committee on Education
        AN ACT to amend the education law, in relation to the  apportionment  of
          moneys  for  capital  outlays  and  debt  service  for school building
          purposes
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subparagraph 2 of paragraph c of subdivision 6 of section
     2  3602 of the education law is amended by adding a new clause (d) to  read
     3  as follows:
     4    (d)  For  aid  payable  in the school years two thousand nineteen--two
     5  thousand twenty and thereafter for school building  projects  to  remedy
     6  capacity shortages of high-need school districts, as defined pursuant to
     7  regulations  of  the commissioner in clause (c) of this subparagraph and
     8  are located in a county with a population  of  more  than  nine  hundred
     9  forty  thousand  and  less than one million inhabitants according to the
    10  two thousand ten federal census, as  approved  by  the  voters  of  such
    11  school  district or by such board of education of a city school district
    12  in a city with more than one hundred twenty-five  thousand  inhabitants,
    13  on  or  after  July first, two thousand seventeen, may compute aid under
    14  the provisions of this subdivision using the high-need secondary supple-
    15  mental building aid ratio, which shall be the lesser of: (A)  the  prod-
    16  uct,  computed to three decimals without rounding, of the greater of the
    17  building aid ratios computed pursuant to subclauses (i), (ii) and  (iii)
    18  of clause (b) of this subparagraph multiplied by ten percent; or (B) the
    19  positive  remainder  of  ninety-eight one-hundredths less the greater of
    20  the building aid ratios computed pursuant to subclauses  (i),  (ii)  and
    21  (iii)  of  clause  (b)  of  this  subparagraph. School building projects
    22  eligible for aid pursuant to  this  clause  shall  include  projects  to
    23  address  capacity  shortages  of  at least ten percent of the calculated
    24  capacity of the district or at  least  ten  percent  of  the  calculated
    25  capacity  of  elementary or secondary schools of the district, as deter-
    26  mined by the commissioner.
    27    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09041-01-9