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Who cares
Headline styles
Sponsors
3 Co-sponsors
History
- Referred to education
- Delivered to assembly
- Passed senateVote 57–0
- Advanced to third reading
- 2nd report cal.
- 1st report cal.869
- Referred to education
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7016
Title of bill
An act to amend the education law, in relation to the leasing of real property by boards of cooperative educational services
Purpose
This bill allows boards of cooperative educational services to enter into leases not to exceed twenty years.
Summary of provisions
Section 1: Education Law Section 1950 is amended to allow boards of cooperative educational services to enter into leases not to exceed twenty years.
Section 2 sets forth an immediate effective date.
Justification
Boards of cooperative educational services are currently limited to leases with a maximum duration of ten years. By extending the duration of leases to a maximum of twenty years, boards of cooperative educational services will be able to better plan future projects, save costs associated with ending shorter term leases as well as entering into new leases, and will provide greater efficiencies to the overall operations of the board of cooperative educational services district.
Legislative history
This is a 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.