Senate Bill S7605

2023-2024 Legislative Session

Relates to the computation of building aid for the Boquet Valley Central School District

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Current Bill Status - In Senate Committee Finance 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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Bill Amendments

2023-S7605 - Details

See Assembly Version of this Bill:
A7929
Current Committee:
Senate Finance
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

2023-S7605 - Summary

Relates to the computation of building aid for the construction, reconstruction or modernizing of no more than one project by the Boquet Valley Central school district.

2023-S7605 - Sponsor Memo

2023-S7605 - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7605
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               July 19, 2023
                                ___________
 
 Introduced  by  Sen.  STEC  --  read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the education law, in relation  to  the  computation  of
   building aid for the Boquet Valley Central School District
 
   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 12 to read as follows:
   (12)  NOTWITHSTANDING  ANY OTHER PROVISION OF LAW TO THE CONTRARY, FOR
 THE PURPOSE OF COMPUTATION OF BUILDING AID FOR REORGANIZATION OPERATIONS
 INCLUDING CONSTRUCTION, RECONSTRUCTION  OR  MODERNIZING  BY  THE  BOQUET
 VALLEY  CENTRAL  SCHOOL  DISTRICT,  MULTI-YEAR  COST  ALLOWANCES FOR THE
 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.
                                                            LBD11921-01-3

2023-S7605A (ACTIVE) - Details

See Assembly Version of this Bill:
A7929
Current Committee:
Senate Finance
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

2023-S7605A (ACTIVE) - Summary

Relates to the computation of building aid for the construction, reconstruction or modernizing of no more than one project by the Boquet Valley Central school district.

2023-S7605A (ACTIVE) - Sponsor Memo

2023-S7605A (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  7605--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                               July 19, 2023
                                ___________
 
 Introduced  by  Sen.  STEC  --  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 --
   reported  favorably from said committee and committed to the Committee
   on Local Government -- reported  favorably  from  said  committee  and
   committed  to  the  Committee on Finance -- committee discharged, bill
   amended, ordered reprinted as amended and recommitted to said  commit-
   tee
 
 AN  ACT  to  amend  the education law, in relation to the computation of
   building aid for the Boquet Valley Central School District
 
   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 13 to read as follows:
   (13) NOTWITHSTANDING ANY OTHER PROVISION OF LAW TO THE  CONTRARY,  FOR
 THE  PURPOSE  OF  COMPUTATION  OF  BUILDING AID FOR CONSTRUCTION, RECON-
 STRUCTION OR MODERNIZING OF NO MORE  THAN  ONE  PROJECT  BY  THE  BOQUET
 VALLEY  CENTRAL  SCHOOL  DISTRICT,  MULTI-YEAR  COST  ALLOWANCES FOR THE
 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.
                                                            LBD11921-02-4

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