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Who cares
Headline styles
Sponsors
1 Co-sponsor
History
- Referred to education
- Referred to education
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the education law, in relation to school district adjusted gross income for purposes of determining the alternative pupil wealth ratio and combined wealth ratio
Purpose
To prevent the calculation of the adjusted gross income of a school district from being skewed by a proportionately small but very wealthy population in the school district.
Summary of provisions
The calculation of the adjusted gross income of a school district shall not include the adjusted gross income of the one-half of one percent of the taxpayers on such school district who have the greatest adjusted gross income.
Justification
The alternate pupil wealth ratio is an attempt to ascertain a fair way of apportioning school aid based upon the wealth of the residents of a community. In some cases a school district will have one or two taxpayers whose incomes are so great as to distort a true depiction of that districts' wealth and thus cause that district to lose the aid it should be entitled to.
Legislative history
New bill.
Fiscal implications
None to State.
Effective date
This act shall take effect immediately and shall apply to the 2009-2010 school year and all subsequent school years thereafter.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.