Senate Bill S6400A

Signed By Governor
2017-2018 Legislative Session

Relates to the computation of certain building aid

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Sponsored By

Archive: Last Bill Status Via A7788 - Signed by Governor


  • 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

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Bill Amendments

2017-S6400 - Details

See Assembly Version of this Bill:
A7788
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

2017-S6400 - Summary

Relates to the computation of certain building aid.

2017-S6400 - Sponsor Memo

2017-S6400 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6400
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  STEWART-COUSINS -- 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  computation  of
   certain building aid
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph a of subdivision 6 of section 3602 of the  educa-
 tion law is amended by adding a new subparagraph 7 to read as follows:
   (7)  NOTWITHSTANDING  ANY  OTHER PROVISION OF LAW TO THE CONTRARY, FOR
 THE PURPOSE OF COMPUTATION  OF  BUILDING  AID  FOR  PROJECTS  AUTHORIZED
 PURSUANT TO CHAPTER THREE HUNDRED FIFTY-FIVE OF THE LAWS OF TWO THOUSAND
 SIXTEEN,  MULTI-YEAR  COST  ALLOWANCES  FOR EACH PROJECT SHALL BE ESTAB-
 LISHED AND UTILIZED TWO TIMES IN THE FIRST FIVE-YEAR PERIOD.  SUBSEQUENT
 MULTI-YEAR COST ALLOWANCES SHALL BE ESTABLISHED NO SOONER THAN TEN YEARS
 AFTER  ESTABLISHMENT  OF  THE  FIRST  MAXIMUM  COST ALLOWANCE AUTHORIZED
 PURSUANT TO THIS SUBPARAGRAPH.
   § 2. Subparagraph 2 of paragraph c of subdivision 6 of section 3602 of
 the education law is amended by adding a  new  clause  (d)  to  read  as
 follows:
   (D)  NOTWITHSTANDING  ANY  PROVISION  OF  LAW TO THE CONTRARY, FOR AID
 PAYABLE IN THE SCHOOL YEARS TWO THOUSAND SEVENTEEN--TWO  THOUSAND  EIGH-
 TEEN AND THEREAFTER FOR ALL SCHOOL BUILDING PROJECTS AUTHORIZED PURSUANT
 TO CHAPTER THREE HUNDRED FIFTY-FIVE OF THE LAWS OF TWO THOUSAND SIXTEEN,
 THE  SCHOOL  DISTRICT  SHALL  COMPUTE  AID  UNDER THE PROVISIONS OF THIS
 SUBDIVISION USING A BUILDING AID RATIO OF NINETY-EIGHT HUNDREDTHS.
   § 3. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11547-01-7



              

2017-S6400A (ACTIVE) - Details

See Assembly Version of this Bill:
A7788
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

2017-S6400A (ACTIVE) - Summary

Relates to the computation of certain building aid.

2017-S6400A (ACTIVE) - Sponsor Memo

2017-S6400A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6400--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  STEWART-COUSINS -- read twice and ordered printed,
   and when printed to be committed to  the  Committee  on  Education  --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee
 
 AN ACT to amend the education law, in relation  to  the  computation  of
   certain building aid

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph a of subdivision 6 of section 3602 of the  educa-
 tion law is amended by adding a new subparagraph 7 to read as follows:
   (7)  NOTWITHSTANDING  ANY  OTHER PROVISION OF LAW TO THE CONTRARY, FOR
 THE PURPOSE OF COMPUTATION OF BUILDING AID FOR  THREE  NEW  CONSTRUCTION
 PROJECTS  AND  FOR THE EQUIPPING OF SUCH PROJECTS AUTHORIZED PURSUANT TO
 CHAPTER THREE HUNDRED FIFTY-FIVE OF THE LAWS OF  TWO  THOUSAND  SIXTEEN,
 MULTI-YEAR  COST  ALLOWANCES  FOR  EACH PROJECT SHALL BE ESTABLISHED AND
 UTILIZED TWO TIMES IN THE FIRST FIVE-YEAR PERIOD. SUBSEQUENT  MULTI-YEAR
 COST  ALLOWANCES  SHALL  BE  ESTABLISHED  NO SOONER THAN TEN YEARS AFTER
 ESTABLISHMENT OF THE FIRST MAXIMUM COST ALLOWANCE AUTHORIZED PURSUANT TO
 THIS SUBPARAGRAPH.
   § 2. This act shall take effect immediately.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11547-03-7



              

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