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Who cares
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Sponsors
1 Co-sponsor
History
- Referred to finance
- Referred to finance
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.
Provides for accelerated payments to the city school district of the city of Mount Vernon
In Assembly Committee · Education · Sponsor J. Gary Pretlow
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3370
Title of bill
An act providing for accelerated payments to the city school district of the city of Mount Vernon
Purpose or general idea
The purpose of this bill is to help ensure the fiscal stability of the Mount Vernon city School District by providing for a schedule of state aid to education payments to the district.
Summary of specific provisions
The bill prescribes a formula for the distribution of a portion of state education aid specifically to the Mount Vernon School District. Over a period of thirty school years from 2012-2013 to 2040-2041 in order to facilitate budget planning and to provide a rationale for calculating base amounts of future aid, the bill delineates year by year how the new formula is to be applied.
Justification
In order to provide some stability to the school budget planning process, the bill creates a formula which will be a reliable basis for computing portions of future state aid payments.
Prior legislative history
2009-10: S.5261-B/A.8103 (Pretlow) - Veto Memo 20
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.