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Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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| Mar 31, 2016 |
referred to education |
Senate Bill S7156
2015-2016 Legislative Session
Sponsored By
(R, C, IP, RFM) Senate District
Archive: Last Bill Status - In Senate Committee Education Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
co-Sponsors
(R, C) 58th Senate District
2015-S7156 (ACTIVE) - Details
2015-S7156 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7156
TITLE OF BILL : An act to amend the education law, in relation to
the additional apportionment of building aid for certain projects
PURPOSE :
To increase the cost threshold for school construction projects'
eligibility for additional building aid.
SUMMARY OF PROVISIONS :
Amends subparagraph (1) of paragraph (b) of subdivision 6-f of section
3602 of the education law to increase the cost threshold for school
construction project eligibility for additional building aid from one
hundred thousand dollars to two hundred fifty thousand dollars.
JUSTIFICATION :
Currently, districts may be reimbursed for base year capital outlay
expenses for projects that are wholly funded through capital outlay
and which have a total cost of no more than $100,000. This allows
districts to circumvent the lengthy assumed amortization schedules of
ten, fifteen, and twenty years and instead receive the amount they
spend as they spend it. This is helpful for districts, as they receive
funding when they need it, and for the state, which then avoids paying
2015-S7156 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
7156
I N S E N A T E
March 31, 2016
___________
Introduced by Sen. SEWARD -- 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 additional appor-
tionment of building aid for certain projects
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subparagraph 1 of paragraph b of subdivision 6-f of section
3602 of the education law, as added by section 19 of part H of chapter
83 of the laws of 2002, is amended to read as follows:
(1) has a total project cost of [one hundred] TWO HUNDRED FIFTY thou-
sand dollars or less; provided however, that for any district, no more
than one project shall be eligible pursuant to this subparagraph for an
apportionment within the same school year; and/or
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14878-01-6
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