S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2517
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 19, 2021
                                ___________
 
 Introduced by M. of A. SAYEGH -- read once and referred to the Committee
   on Education
 
 AN  ACT  to amend the education law, in relation to the apportionment of
   moneys for capital  outlays  and  debt  service  for  school  building
   purposes
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. 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) FOR AID PAYABLE IN THE SCHOOL YEARS TWO  THOUSAND  TWENTY-ONE--TWO
 THOUSAND TWENTY-TWO AND THEREAFTER FOR SCHOOL BUILDING PROJECTS TO REME-
 DY CAPACITY SHORTAGES OF HIGH-NEED SCHOOL DISTRICTS, AS DEFINED PURSUANT
 TO  REGULATIONS  OF  THE COMMISSIONER IN CLAUSE (C) OF THIS SUBPARAGRAPH
 AND ARE LOCATED IN A COUNTY WITH A POPULATION OF MORE THAN NINE  HUNDRED
 FORTY  THOUSAND  AND  LESS THAN ONE MILLION INHABITANTS ACCORDING TO THE
 TWO THOUSAND TEN FEDERAL CENSUS, AS  APPROVED  BY  THE  VOTERS  OF  SUCH
 SCHOOL  DISTRICT OR BY SUCH BOARD OF EDUCATION OF A CITY SCHOOL DISTRICT
 IN A CITY WITH MORE THAN ONE HUNDRED TWENTY-FIVE  THOUSAND  INHABITANTS,
 ON OR AFTER JULY FIRST, TWO THOUSAND NINETEEN, MAY COMPUTE AID UNDER THE
 PROVISIONS  OF  THIS  SUBDIVISION  USING THE HIGH-NEED SECONDARY SUPPLE-
 MENTAL BUILDING AID RATIO, WHICH SHALL BE THE LESSER OF: (A)  THE  PROD-
 UCT,  COMPUTED TO THREE DECIMALS WITHOUT ROUNDING, OF THE GREATER OF THE
 BUILDING AID RATIOS COMPUTED PURSUANT TO SUBCLAUSES (I), (II) AND  (III)
 OF CLAUSE (B) OF THIS SUBPARAGRAPH MULTIPLIED BY TEN PERCENT; OR (B) THE
 POSITIVE  REMAINDER  OF  NINETY-EIGHT ONE-HUNDREDTHS LESS THE GREATER OF
 THE BUILDING AID RATIOS COMPUTED PURSUANT TO SUBCLAUSES  (I),  (II)  AND
 (III)  OF  CLAUSE  (B)  OF  THIS  SUBPARAGRAPH. SCHOOL BUILDING PROJECTS
 ELIGIBLE FOR AID PURSUANT TO  THIS  CLAUSE  SHALL  INCLUDE  PROJECTS  TO
 ADDRESS  CAPACITY  SHORTAGES  OF  AT LEAST TEN PERCENT OF THE CALCULATED
 CAPACITY OF THE DISTRICT OR AT  LEAST  TEN  PERCENT  OF  THE  CALCULATED
 CAPACITY  OF  ELEMENTARY OR SECONDARY SCHOOLS OF THE DISTRICT, AS DETER-
 MINED BY THE COMMISSIONER.
   § 2. This act shall take effect immediately.
              

 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02569-01-1