Bill Text: NY S07290 | 2015-2016 | General Assembly | Introduced

New York Senate Bill 7290 (Prior Session Legislation)

Introduced

Bill Title: Relates to building aid for reconstruction or modernizing projects of the Rochester joint schools construction board.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Passed) 2016-07-05 - SIGNED CHAP.92 [S07290 Detail]

Download: New_York-2015-S07290-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________
                                          7290
                    IN SENATE
                                     April 12, 2016
                                       ___________
        Introduced  by  Sen.  ROBACH -- 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  building  aid  for
          reconstruction  or modernizing projects of the Rochester joint schools
          construction board
          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 6 to read as follows:
     3    (6) Notwithstanding any other provision of law to  the  contrary,  for
     4  the purpose of computation of building aid for reconstruction or modern-
     5  izing  of  no  more than eight projects pursuant to chapter five hundred
     6  thirty-three of the laws  of  two  thousand  fourteen,  multi-year  cost
     7  allowances  for each project shall be established and utilized two times
     8  in the first five-year period.  Subsequent  multi-year  cost  allowances
     9  shall be established no sooner than ten years after establishment of the
    10  first maximum cost allowance authorized pursuant to this subparagraph.
    11    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14901-01-6