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Who cares
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Sponsors
No co-sponsors yet.
History
- Substituted by A7989A
- Amended on third reading 4805a
- Advanced to third reading
- 2nd report cal.
- 1st report cal.502
- Reported and committed to finance
- Referred to education
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Authorizes the Brocton central school district to repay certain state aid overpayments over 6 years
Vetoed · Sponsor William Parment
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to authorize the Brocton central school district to repay over a period of six years certain overpayments of state aid
Purpose
This bill adjusts certain state aid payments to the Brocton central school district so that a $810,893 state aid overpayment may be deducted from future state aid payments made to such school district.
Summary of provisions
This bill allows for deductions from state aid payments due to the school in the years 2009 until 2014. Each deduction shall be to the sum of one-sixth the total of the excess payment ($810,893). There shall be no interest penalty assessed against the district or collected by the state.
Justification
Requiring the Brocton school district to make payment directly back to the school in one collective sum would place extreme fiscal strain upon the district. By allowing repayment from the school's future state aid payments over the next six years, the school will be able to shoulder this financial burden in a more appropriate manner and, thereby, allow the school to maintain its standards of educational quality.
Prior legislative history
This is a new bill.
Fiscal implications
State aid in the amount of $810,893 is to be repaid to the state by deductions made from future state aid payments to the school district.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.