S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   703

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  M.  of  A. ROSENTHAL, BRENNAN, MILLMAN, HEASTIE, MAISEL,
  BENEDETTO,  DINOWITZ,  O'DONNELL,  LENTOL,  CRESPO,  KELLNER,  WRIGHT,
  CAMARA,  GOTTFRIED, CASTRO, GIBSON, COLTON -- Multi-Sponsored by -- M.
  of A. FARRELL, GLICK -- read once and referred  to  the  Committee  on
  Education

AN  ACT to amend the education law, in relation to adjusting the mainte-
  nance amount for the city school district of the city of New York

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Paragraph  b  of  subdivision  5-a of section 2576 of the
education law, as added by chapter 91 of the laws of 2002, is amended to
read as follows:
  b. The city amount shall not be less than the city amount appropriated
in the base year as determined at the time of adoption of the budget for
the ensuing fiscal year[. Provided, however, in] ADJUSTED TO REFLECT THE
FIVE YEAR AVERAGE PERCENTAGE CHANGE IN THE CONSUMER PRICE INDEX FOR  ALL
URBAN  CONSUMERS IN THE NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND PORTION
OF  THE  NEW  YORK-NORTHERN  NEW  JERSEY-LONG   ISLAND,   NEW   YORK-NEW
JERSEY-PENNSYLVANIA  METROPOLITAN  STATISTICAL  AREA, (CPI-U) AS SUCH IS
DEFINED BY THE UNITED STATES DEPARTMENT OF LABOR AND TO INCLUDE AN ADDI-
TIONAL TWO BILLION TWO HUNDRED MILLION DOLLARS IN EXCESS  OF  THE  TOTAL
AMOUNT OF EXPENDITURES FOR THE TWO THOUSAND SIX--TWO THOUSAND SEVEN BASE
YEAR  PURSUANT TO SECTION THIRTEEN-A OF PART B OF CHAPTER FIFTY-SEVEN OF
THE LAWS OF TWO THOUSAND  SEVEN,  SUBJECT  TO  THE  PROVISIONS  OF  THIS
SECTION.  IN  ACCORDANCE  WITH  SUBPARAGRAPH (II) OF PARAGRAPH A OF THIS
SUBDIVISION, THE CITY OF NEW YORK'S  CONTRIBUTION  OF  TWO  BILLION  TWO
HUNDRED  MILLION  DOLLARS,  PURSUANT  TO SECTION THIRTEEN-A OF PART B OF
CHAPTER FIFTY-SEVEN OF THE LAWS OF TWO THOUSAND SEVEN SHALL NOT  INCLUDE
CITY  PAYMENTS  TO BOND OR NOTE HOLDERS FOR DEBT SERVICE OR PAYMENTS FOR
EMPLOYEE PENSION BENEFITS.  IN the event the total amount of city  funds

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

                                                           LBD05391-01-3

A. 703                              2

relied  upon  to  balance  such budget is lower than the total amount of
city funds appropriated in the base year,  determined  at  the  time  of
adoption  of  such  budget,  the city amount may be reduced by up to the
same percentage as the overall percentage decrease in city funds between
the base year and the ensuing fiscal year.
  S  2.  This  act shall take effect immediately; provided however, that
the amendments to paragraph b of subdivision 5-a of section 2576 of  the
education  law  as  made by section one of this act shall not affect the
repeal of such subdivision and shall be deemed repealed therewith.