Bill Text: NY S06778 | 2017-2018 | General Assembly | Amended
Bill Title: Relates to the establishment of multi-year cost allowances for the Mount Vernon city school district.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2018-02-27 - PRINT NUMBER 6778A [S06778 Detail]
Download: New_York-2017-S06778-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 6778--A 2017-2018 Regular Sessions IN SENATE June 16, 2017 ___________ Introduced by Sen. KLEIN -- read twice and ordered printed, and when printed to be committed to the Committee on Rules -- recommitted to the Committee on Education in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the education law, in relation to the establishment of multi-year cost allowances for the Mount Vernon city school district The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph a of subdivision 6 of section 3602 of the educa- 2 tion law is amended by adding a new subparagraph 8 to read as follows: 3 (8) Notwithstanding any other provision of law to the contrary, for 4 the purpose of computation of building aid for up to four new 5 construction projects, authorized pursuant to a March seventh, two thou- 6 sand seventeen Mount Vernon city school district bond proposal approved 7 by the voters of such district, multi-year cost allowances for each 8 project shall be established and utilized two times in the first five- 9 year period. Subsequent multi-year cost allowances shall be established 10 no sooner than ten years after establishment of the first maximum cost 11 allowance authorized pursuant to this subparagraph. 12 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD13248-07-8
