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History
- Vetoed memo.138
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.199
- Substituted for A9451C
- Referred to education
- Returned to assembly
- Repassed senate
- Amended on third reading 6395c
- Vote reconsidered - restored to third reading
- Returned to senate
Show 13 earlier actions
- Recalled from assembly
- Referred to education
- Delivered to assembly
- Passed senateVote 57–0
- Advanced to third reading
- 2nd report cal.
- 1st report cal.388
- Print number 6395b
- Amend and recommit to finance
- Print number 6395a
- Amend and recommit to finance
- 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.
Relates to assumed amortization for school projects
Assembly Floor Calendar · Sponsor Sam Roberts
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6395C
Title of bill
An act to amend the education law, in relation to assumed amortization for school projects
Purpose
To ensure that school districts will receive the reimbursement for capital projects to which they are entitled under law.
Summary of provisions
Section 1. Amends clause (b) of subparagraph 3 of paragraph e of subdivision 6 of section 3602 of the education law, as amended by section 4 subpart F of part C of Chapter 97 of the laws of 2011 to allow for assumed amortization of a project by the voters of the school district or by the board of education of a city school district in a city with more than one hundred twenty-five thousand inhabitants, but less than one million inhabitants.
Section 2. Establishes the effective date.
Justification
Chapter 97 of 2011 was enacted to provide a mechanism in which to ensure districts would receive reimbursement for capital projects by filing a waiver when those documents were not filed before the date required by SED. This Chapter created an issue for a small number of school districts whose project and financing time lines had commenced and/or previously been approved prior to the adoption of Chapter 97. This created an uncertainty as to the reimbursement for these capital projects for school districts and, therefore, they seek action ensuring that they will receive the reimbursement to which they would have otherwise been entitled. This bill provides that assurance by using the voter approval date rather than the Commissioner's approval date for the new building aid methodology while preserving the intent of Chapter 97 of 2011.
Legislative history
New bill.
Fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.