S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2488
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 17, 2025
                                ___________
 
 Introduced  by  M.  of  A.  SAYEGH, GIGLIO, SANTABARBARA, REYES, TAYLOR,
   COOK, STIRPE, SHIMSKY, BURDICK, MANKTELOW, DeSTEFANO, LEMONDES,  DAVI-
   LA,  GALLAHAN,  BROOK-KRASNY  -- Multi-Sponsored by -- M. of A. LEVEN-
   BERG, SIMON -- 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.  This  act shall be known and may be cited as the "rebuild
 our schools act".
   § 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)  FOR AID PAYABLE IN THE SCHOOL YEARS TWO THOUSAND TWENTY-FIVE--TWO
 THOUSAND TWENTY-SIX 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 TWENTY-ONE, 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
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02727-01-5
              

 A. 2488                             2
 
 (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.
   § 3. This act shall take effect immediately.