Bill Text: NY S08074 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to the repayment by a school district of a penalty arising from the late filing of a final cost report for an approved capital construction project.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-03-16 - REFERRED TO EDUCATION [S08074 Detail]

Download: New_York-2019-S08074-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8074

                    IN SENATE

                                     March 16, 2020
                                       ___________

        Introduced  by Sen. HARCKHAM -- 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  the  repayment  by  a
          school  district  of a penalty arising from the late filing of a final
          cost report for an approved capital construction project

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  The education law is amended by adding a new section 3615
     2  to read as follows:
     3    § 3615. Penalty  repayment;  late  filing  of  a  final  cost  report.
     4  Notwithstanding  any  other provision of law, the period of time for the
     5  recovery by the commissioner from a school district of any penalty aris-
     6  ing from the late filing of a final cost report for an approved  capital
     7  construction  project of such school district shall not be less than ten
     8  years.
     9    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15797-01-0