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Sponsors
Senator · Senate District 38
No co-sponsors yet.
History
- Substituted by A7514
- Ordered to third reading cal.1532
- Committee discharged and committed to rules
- Reported and committed to finance
- Print number 5057a
- Amend and recommit to education
- 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 East Ramapo central school district to receive certain apportionments on an accelerated basis
Signed by Governor · Sponsor Ellen C. Jaffee
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5057A
Title of bill
An act authorizing the East Ramapo central school district to receive certain apportionments on an accelerated basis
Purpose
To provide for $3.5 million in aid to the East Ramapo Central School District from New York State Lottery revenues. This assistance would be in the form of accelerated payment (or "spin-up") of funds that would ordinarily have been disbursed in later years.
Summary of provisions
Section 1 of the bill specifies the amount to be disbursed, the source, purpose and use of these funds, and the procedure to be followed by the district in claiming this apportionment. It also outlines the responsibilities of the district for monitoring revenues and expenditures, and reporting periodically on its financial condition to the Department of Education, the State Comptroller, the Division of the Budget and the Legislature.
Section 2 of the bill requires the Superintendent of the East Ramapo Central School District to appoint a temporary district-based advisory team to develop a comprehensive expenditure plan for such funds.
Section 3 provides the effective date.
Justification
This bill would ensure the fiscal stability of the East Ramapo Central School District by providing $3.5 million in an accelerated payment of Lottery funds that ordinarily would have been disbursed in later years.
Legislative history
New bill.
Fiscal implications
None to state; provides $3.5 million in aid to the East Ramapo Central School district in the form of accelerated payments from future New York State Lottery revenues.
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.