NY State Senate Bill 2017-S6814B

Senate Bill S6814B

2017-2018 Legislative Session

Authorizes the city school district of the city of Salamanca to establish a reserve fund for federal impact aid in the event such aid is reduced

download bill text pdf

Archive: Last Bill Status - In Assembly 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

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Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jun 20, 2018	referred to education delivered to assembly passed senate ordered to third reading cal.2052 committee discharged and committed to rules
May 01, 2018	print number 6814b
May 01, 2018	amend and recommit to education
Jan 26, 2018	print number 6814a
Jan 26, 2018	amend and recommit to education
Jan 03, 2018	referred to education
Jun 20, 2017	referred to rules

Votes

- Jun 20, 2018 - Floor Vote
  S6814B
  
  60
  
  Aye
  
  0
  
  Nay
  
  0
  
  Absent
  
  3
  
  Excused
  
  0
  
  Abstained
  - - Floor Vote: Jun 20, 2018
      
      aye (60)
      
      Akshar
      
      Alcantara
      
      Amedore
      
      Avella
      
      Bailey
      
      Benjamin
      
      Bonacic
      
      Boyle
      
      Breslin
      
      Brooks
      
      Carlucci
      
      Comrie
      
      DeFrancisco
      
      Dilan
      
      Felder
      
      Flanagan
      
      Funke
      
      Gallivan
      
      Gianaris
      
      Golden
      
      Griffo
      
      Hamilton
      
      Hannon
      
      Helming
      
      Hoylman-Sigal
      
      Jacobs
      
      Kaminsky
      
      Kavanagh
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Little
      
      Marcellino
      
      Marchione
      
      Mayer
      
      Montgomery
      
      Murphy
      
      O'Mara
      
      Ortt
      
      Parker
      
      Peralta
      
      Persaud
      
      Phillips
      
      Ranzenhofer
      
      Ritchie
      
      Robach
      
      Sanders Jr.
      
      Savino
      
      Sepúlveda
      
      Serino
      
      Serrano
      
      Seward
      
      Stavisky
      
      Stewart-Cousins
      
      Tedisco
      
      Valesky
      
      Young
      
      excused (3)
      
      Addabbo Jr.
      
      Croci
      
      Rivera
  Jun 20, 2018 - Rules Committee Vote
  S6814B
  
  23
  
  Aye
  
  0
  
  Nay
  
  1
  
  Aye with Reservations
  
  0
  
  Absent
  
  1
  
  Excused
  
  0
  
  Abstained
  - - Rules Committee Vote: Jun 20, 2018
      
      aye (23)
      
      Bonacic
      
      Breslin
      
      DeFrancisco
      
      Dilan
      
      Flanagan
      
      Gianaris
      
      Hannon
      
      Kennedy
      
      Klein
      
      Krueger
      
      LaValle
      
      Lanza
      
      Larkin
      
      Little
      
      Marcellino
      
      Montgomery
      
      Parker
      
      Ranzenhofer
      
      Robach
      
      Savino
      
      Seward
      
      Stewart-Cousins
      
      Valesky
      
      aye wr (1)
      
      Griffo
      
      excused (1)
      
      Rivera

Bill Amendments

Original

B (Active)

2017-S6814 - Details

See Assembly Version of this Bill:: A6795
Current Committee:: Assembly Education
Law Section:: Education
Versions Introduced in Other Legislative Sessions:: 2019-2020: S866, S7222, A5797
2021-2022: A8310
2023-2024: A2662

2017-S6814 - Summary

Authorizes the city school district of the city of Salamanca to establish a reserve fund for federal impact aid in the event such aid is reduced.

2017-S6814 - Sponsor Memo

2017-S6814 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6814
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               June 20, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to authorize the board of education of the Salamanca city  school
   district  to  establish a federal impact aid reserve fund in the event
   federal impact aid is reduced

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Legislative  findings.  The legislature hereby finds that
 since certain lands are designated as exempt from taxation, specifically
 the Allegany Territory of the Seneca Nation of Indians which  is  within
 the  Salamanca  city school district, the Salamanca city school district
 receives federal  impact  aid  for  support  of  services  to  students.
 Responsible  fiscal  planning requires establishment of a federal impact
 reserve fund for the purpose of stabilizing the tax levy while maintain-
 ing educational programming and services, in the event that such aid  is
 no longer provided to such district.
   § 2. Definitions. As used in this act:
   (a)  "Board  of  education" or "board" means the board of education of
 the district.
   (b) "Federal impact aid reserve fund" or  "fund"  means  the  district
 federal  impact aid reserve fund established pursuant to this act in the
 event of reduction or loss of federal impact aid.
   (c) "School district" or "district" means the  Salamanca  city  school
 district.
   § 3. The board of education is hereby authorized to establish a feder-
 al  impact  aid reserve fund for the purpose of tax stabilization in the
 event federal impact aid is reduced provided that  the  amount  of  such
 reserve  shall  not  exceed  the  product of 1.5 and the total principal
 amount of the district's total required tax  levy  for  school  district
 fiscal  year  2016-2017;  provided,  however, that no such fund shall be
 established unless approved by a majority vote  of  the  voters  of  the
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD10358-06-7

 S. 6814                             2
 
 district present and voting on a separate ballot proposition therefor at
 either  a special district meeting which the board of education may call
 for such purpose or at the annual district meeting and election,  to  be
 noticed  and  conducted  in either case in accordance with article 41 of
 the education law. Such separate proposition shall set forth the maximum
 allowable balance to be deposited and held in  the  federal  impact  aid
 reserve  fund. Moneys shall be paid into and withdrawn from the fund and
 the fund shall be administered as follows:
   (a) the board of education is hereby authorized to make payments  into
 the  federal impact aid reserve fund with funds from any unassigned fund
 balance which accrued prior to the establishment of the  federal  impact
 aid reserve fund in an amount not to exceed the balance over any maximum
 allowable  balance  in such unassigned fund balance and from any reserve
 funds authorized or required by law in amounts which the board of educa-
 tion shall determine are not reasonably necessary  for  the  purpose  of
 such  fund  or  funds  and which accrued prior to the federal impact aid
 reserve fund provided that no such  payment  from  any  unassigned  fund
 balance  or  any  reserve  fund  shall  cause the balance of the fund to
 exceed the amount approved in the  ballot  proposal  described  in  this
 section;
   (b)  the  board of education shall determine that the original purpose
 for which a reserve fund has been established is  no  longer  desirable,
 the  school  authorities may liquidate such fund by applying the balance
 thereof to the annual tax levy, regardless of the tax  rate  for  school
 purposes,  without  authorization  of the voters.   Withdrawals from the
 fund shall be disclosed in a manner consistent with the required disclo-
 sures of similar reserve funds held by the district,  including  disclo-
 sures  required by the property tax report card prepared by the district
 pursuant to the provisions of subdivision  7  of  section  1716  of  the
 education  law;  and  deposits  and withdrawals made in each fiscal year
 shall be subject to the district's annual budget approval process; and
   (c) the moneys in the federal impact aid reserve fund shall be  depos-
 ited,  invested and accounted for in the manner provided for in subdivi-
 sions 2 and 6 of section 3651 and section 3652 of the education law.
   § 4. This act shall take effect immediately.

2017-S6814A - Details

See Assembly Version of this Bill:: A6795
Current Committee:: Assembly Education
Law Section:: Education
Versions Introduced in Other Legislative Sessions:: 2019-2020: S866, S7222, A5797
2021-2022: A8310
2023-2024: A2662

2017-S6814A - Summary

Authorizes the city school district of the city of Salamanca to establish a reserve fund for federal impact aid in the event such aid is reduced.

2017-S6814A - Sponsor Memo

2017-S6814A - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6814--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               June 20, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules  --  recommitted  to
   the Committee on Education in accordance with Senate Rule 6, sec. 8 --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee

 AN ACT to authorize the board of education of the Salamanca city  school
   district  to  establish a federal impact aid reserve fund in the event
   federal impact aid is reduced
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Legislative  findings.  The legislature hereby finds that
 since certain lands are designated as exempt from taxation, specifically
 the Allegany Territory of the Seneca Nation of Indians which  is  within
 the  Salamanca  city school district, the Salamanca city school district
 receives federal  impact  aid  for  support  of  services  to  students.
 Responsible  fiscal  planning requires establishment of a federal impact
 reserve fund for the purpose of stabilizing the tax levy while maintain-
 ing educational programming and services, in the event that such aid  is
 no longer provided to such district.
   § 2. Definitions. As used in this act:
   (a)  "Board  of  education" or "board" means the board of education of
 the district.
   (b) "Federal impact aid reserve fund" or  "fund"  means  the  district
 federal  impact aid reserve fund established pursuant to this act in the
 event of reduction or loss of federal impact aid.
   (c) "School district" or "district" means the  Salamanca  city  school
 district.
   § 3. The board of education is hereby authorized to establish a feder-
 al  impact  aid reserve fund for the purpose of tax stabilization in the
 event federal impact aid is reduced provided that  the  amount  of  such
 reserve  shall  not  exceed  the  product of 1.5 and the total principal
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD10358-08-8

 S. 6814--A                          2
 
 amount of the district's total required tax  levy  for  school  district
 fiscal  year  2017-2018;  provided,  however, that no such fund shall be
 established unless approved by a majority vote  of  the  voters  of  the
 district present and voting on a separate ballot proposition therefor at
 either  a special district meeting which the board of education may call
 for such purpose or at the annual district meeting and election,  to  be
 noticed  and  conducted  in either case in accordance with article 41 of
 the education law. Such separate proposition shall set forth the maximum
 allowable balance to be deposited and held in  the  federal  impact  aid
 reserve  fund. Moneys shall be paid into and withdrawn from the fund and
 the fund shall be administered as follows:
   (a) the board of education is hereby authorized to make payments  into
 the  federal impact aid reserve fund with funds from any unassigned fund
 balance which accrued prior to the establishment of the  federal  impact
 aid reserve fund in an amount not to exceed the balance over any maximum
 allowable  balance  in such unassigned fund balance and from any reserve
 funds authorized or required by law in amounts which the board of educa-
 tion shall determine are not reasonably necessary  for  the  purpose  of
 such  fund  or  funds  and which accrued prior to the federal impact aid
 reserve fund provided that no such  payment  from  any  unassigned  fund
 balance  or  any  reserve  fund  shall  cause the balance of the fund to
 exceed the amount approved in the  ballot  proposal  described  in  this
 section;
   (b)  the  board of education shall determine that the original purpose
 for which a reserve fund has been established is  no  longer  desirable,
 the  school  authorities may liquidate such fund by applying the balance
 thereof to the annual tax levy, regardless of the tax  rate  for  school
 purposes,  without  authorization  of the voters.   Withdrawals from the
 fund shall be disclosed in a manner consistent with the required disclo-
 sures of similar reserve funds held by the district,  including  disclo-
 sures  required by the property tax report card prepared by the district
 pursuant to the provisions of subdivision  7  of  section  1716  of  the
 education  law;  and  deposits  and withdrawals made in each fiscal year
 shall be subject to the district's annual budget approval process; and
   (c) the moneys in the federal impact aid reserve fund shall be  depos-
 ited,  invested and accounted for in the manner provided for in subdivi-
 sions 2 and 6 of section 3651 and section 3652 of the education law.
   § 4. This act shall take effect immediately.

2017-S6814B (ACTIVE) - Details

See Assembly Version of this Bill:: A6795
Current Committee:: Assembly Education
Law Section:: Education
Versions Introduced in Other Legislative Sessions:: 2019-2020: S866, S7222, A5797
2021-2022: A8310
2023-2024: A2662

2017-S6814B (ACTIVE) - Summary

Authorizes the city school district of the city of Salamanca to establish a reserve fund for federal impact aid in the event such aid is reduced.

2017-S6814B (ACTIVE) - Sponsor Memo

2017-S6814B (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6814--B
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               June 20, 2017
                                ___________
 
 Introduced  by  Sen.  YOUNG  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules  --  recommitted  to
   the Committee on Education in accordance with Senate Rule 6, sec. 8 --
   committee  discharged,  bill amended, ordered reprinted as amended and
   recommitted to said committee -- committee discharged,  bill  amended,
   ordered reprinted as amended and recommitted to said committee
 
 AN  ACT to authorize the board of education of the Salamanca city school
   district to establish a federal impact aid reserve fund in  the  event
   federal impact aid is reduced
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Legislative findings. The  legislature  hereby  finds  that
 since certain lands are designated as exempt from taxation, specifically
 the  Allegany  Territory of the Seneca Nation of Indians which is within
 the Salamanca city school district, the Salamanca city  school  district
 receives  federal  impact  aid  for  support  of  services  to students.
 Responsible fiscal planning requires establishment of a  federal  impact
 reserve fund for the purpose of stabilizing the tax levy while maintain-
 ing  educational programming and services, in the event that such aid is
 no longer provided to such district.
   § 2. Definitions. As used in this act:
   (a) "Board of education" or "board" means the board  of  education  of
 the district.
   (b)  "Federal  impact  aid  reserve fund" or "fund" means the district
 federal impact aid reserve fund established pursuant to this act in  the
 event of reduction or loss of federal impact aid.
   (c)  "School  district"  or "district" means the Salamanca city school
 district.
   § 3. The board of education is hereby authorized to establish a feder-
 al impact aid reserve fund for the purpose of tax stabilization  in  the
 event  federal  impact  aid  is reduced provided that the amount of such
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

                                                            LBD10358-10-8

 S. 6814--B                          2
 
 reserve shall not exceed five million  dollars  ($5,000,000);  provided,
 however,  that  no  such  fund shall be established unless approved by a
 majority vote of the voters of the district  present  and  voting  on  a
 separate  ballot proposition therefor at either a special district meet-
 ing which the board of education may call for such  purpose  or  at  the
 annual  district  meeting  and  election, to be noticed and conducted in
 either case in accordance with article 41 of  the  education  law.  Such
 separate proposition shall set forth the maximum allowable balance to be
 deposited  and held in the federal impact aid reserve fund. Moneys shall
 be paid into and withdrawn from the fund and the fund shall be  adminis-
 tered as follows:
   (a)  the board of education is hereby authorized to make payments into
 the federal impact aid reserve fund with funds from any unassigned  fund
 balance  which  accrued prior to the establishment of the federal impact
 aid reserve fund in an amount not to exceed the balance over any maximum
 allowable balance in such unassigned fund balance and from  any  reserve
 funds authorized or required by law in amounts which the board of educa-
 tion  shall  determine  are  not reasonably necessary for the purpose of
 such fund or funds and which accrued prior to  the  federal  impact  aid
 reserve  fund  provided  that  no  such payment from any unassigned fund
 balance or any reserve fund shall cause  the  balance  of  the  fund  to
 exceed  the  amount  approved  in  the ballot proposal described in this
 section;
   (b) the board of education shall determine that the  original  purpose
 for  which  a  reserve fund has been established is no longer desirable,
 the school authorities may liquidate such fund by applying  the  balance
 thereof  to  the  annual tax levy, regardless of the tax rate for school
 purposes, without authorization of the voters.    Withdrawals  from  the
 fund shall be disclosed in a manner consistent with the required disclo-
 sures  of  similar reserve funds held by the district, including disclo-
 sures required by the property tax report card prepared by the  district
 pursuant  to  the  provisions  of  subdivision  7 of section 1716 of the
 education law; and deposits and withdrawals made  in  each  fiscal  year
 shall be subject to the district's annual budget approval process; and
   (c)  the moneys in the federal impact aid reserve fund shall be depos-
 ited, invested and accounted for in the manner provided for in  subdivi-
 sions 2 and 6 of section 3651 and section 3652 of the education law.
   § 4. This act shall take effect immediately.

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Senate Bill S6814B

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Sponsored By

Catharine Young

Archive: Last Bill Status - In Assembly Committee

Bill Amendments

2017-S6814 - Details

2017-S6814 - Summary

2017-S6814 - Sponsor Memo

2017-S6814 - Bill Text download pdf

2017-S6814A - Details

2017-S6814A - Summary

2017-S6814A - Sponsor Memo

2017-S6814A - Bill Text download pdf

2017-S6814B (ACTIVE) - Details

2017-S6814B (ACTIVE) - Summary

2017-S6814B (ACTIVE) - Sponsor Memo

2017-S6814B (ACTIVE) - Bill Text download pdf

Comments