Bill Text: NY S06649 | 2017-2018 | General Assembly | Introduced
Bill Title: Provides that the Newburgh city school district shall pay a penalty for a late filing of a report over 10 years beginning in June 2018.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Engrossed - Dead) 2018-01-03 - REFERRED TO EDUCATION [S06649 Detail]
Download: New_York-2017-S06649-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 6649 2017-2018 Regular Sessions IN SENATE June 9, 2017 ___________ Introduced by Sen. LARKIN -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend chapter 54 of the laws of 2016, directing the commis- sioner of education on how to recover certain penalties, in relation to the collection of a penalty from the Newburgh city school district The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 49 of part A of chapter 54 of the laws of 2016, 2 directing the commissioner of education on how to recover certain penal- 3 ties, is amended to read as follows: 4 § 49. Notwithstanding any provision of law to the contrary, for the 5 Newburgh city school district having a penalty arising from the late 6 filing of a final cost report pursuant to section 31 of part A of chap- 7 ter 57 of the laws of 2012 in the amount of not more than $12,747,495, 8 the commissioner of education shall recover such penalty in [five] ten 9 equal annual installments beginning [the later of] June [of 2017 or June10of the school year in which such district is notified of the penalty] 11 2018. Provided further that such district may elect to make an initial 12 payment no later than thirty days in advance of the first annual 13 installment which shall reduce the amount of each annual installment. 14 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13135-01-7