Bill Text: NY S06121 | 2021-2022 | General Assembly | Introduced

New York Senate Bill 6121 (Prior Session Legislation)

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 2022 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 1-0)

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO EDUCATION [S06121 Detail]

Download: New_York-2021-S06121-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          6121

                               2021-2022 Regular Sessions

                    IN SENATE

                                     April 12, 2021
                                       ___________

        Introduced  by  Sen.  BOYLE  -- 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  2022 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.
                                                                   LBD10627-01-1