Bill Text: NY S04471 | 2017-2018 | General Assembly | Introduced
Bill Title: Excludes the adjusted gross incomes of the upper and lower 1/2 of 1% of taxpayers in a school district from the calculation of the adjusted gross income of such district for the purposes of the alternative pupil wealth ratio and the combined wealth ratio relating to the provision of state aid to school districts.
Spectrum: Partisan Bill (Republican 2-0)
Status: (Introduced - Dead) 2018-01-03 - REFERRED TO EDUCATION [S04471 Detail]
Download: New_York-2017-S04471-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ S. 4471 A. 5756 2017-2018 Regular Sessions SENATE - ASSEMBLY February 15, 2017 ___________ IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Education IN ASSEMBLY -- Introduced by M. of A. ENGLEBRIGHT -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to school district adjusted gross income for purposes of determining the alternative pupil wealth ratio and combined wealth ratio The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subparagraph 1 of paragraph b of subdivision 3 of section 2 3602 of the education law, as amended by section 13 of part B of chapter 3 57 of the laws of 2008, is amended to read as follows: 4 (1) "Alternate pupil wealth ratio" shall mean the number computed to 5 three decimals without rounding obtained when the adjusted gross income 6 of a school district for the calendar year two years prior to the calen- 7 dar year in which the base year began divided by the total wealth pupil 8 units of such district is divided by the statewide adjusted gross income 9 per total wealth pupil unit. Such statewide average gross income per 10 pupil shall be established each year by the commissioner and shall be 11 transmitted to school districts. Such statewide average shall be rounded 12 to the nearest hundredth and shall include the adjusted gross income and 13 total wealth pupil units of all school districts eligible for aid pursu- 14 ant to this section except central high school districts. For the 15 purposes of calculating such statewide average the data for the city 16 school district of the city of New York shall be citywide data. The 17 calculation of the adjusted gross income of a school district shall not 18 include the adjusted gross income of the one-half of one percent of the 19 taxpayers in such school district who have the greatest adjusted gross 20 incomes, and shall not include the adjusted gross income of the one-half 21 of one percent of the taxpayers in such school district who have the 22 lowest adjusted gross incomes. 23 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03533-01-7