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S5452Senate2013-2014 Session

Requires the state to pay down the gap elimination adjustment in three years

Sponsor John J. FlanaganSD-2+16 co-sponsorsAffects Education
Status
In Senate Committee
Rules
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Rules

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Sponsors

Primary sponsor
John J. Flanagan

Senator · Senate District 2

Chair, Education

History

  1. Committed to rules
  2. Advanced to third reading
  3. 2nd report cal.
  4. 1st report cal.950
  5. Print number 5452c
  6. Amend and recommit to finance
  7. Print number 5452b
  8. Amend and recommit to finance
  9. Print number 5452a
  10. Amend and recommit to finance
  11. Reported and committed to finance
  12. Referred to education
Show 9 earlier actions
  1. Returned to senate
  2. Died in assembly
  3. Referred to education
  4. Delivered to assembly
  5. Passed senateVote 49–10
  6. Ordered to third reading cal.1364
  7. Committee discharged and committed to rules
  8. Reported and committed to finance
  9. Referred to education

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S5452C

Title of bill

An act to amend the education law, in relation to requiring the state to pay down the gap elimination adjustment

Purpose

Requires the state to pay down the gap elimination adjustment in three years.

Summary of provisions

Section 1: Adds new paragraphs to subdivision 17 of section 3602 of the education law to require the phase out of the gap elimination adjustment in three years.

Section 2: Sets forth an effective date of July 1, 2014.

Justification

In 2010, the gap elimination adjustment (GEA) was intro- duced as a means to close a $10 billion state budget gap. The impact of the GEA on school districts was, and continues to be acute. The aggre- gate impact of the lost funding as a result of the GEA reaches nearly $8 billion. However, as the state's fiscal prospects improve efforts continue to be made to lessen the impact of the GEA. In the 2014-2015 Budget, the legislature increased the Executive's proposed GEA restora- tion for a total year to year reduction of $602 million, leaving a remaining gap of $1.04 billion. While districts are still facing finan- cial hurdles, the state is diligently moving closer to closing the gap that necessitated the GEA. However, it is imperative that as the state's overall fiscal health improves, so must that of all school districts. Therefore, this bill would ensure that at the end of three years the GEA would be fully restored and phased out, providing much needed relief to all school districts.

Legislative history

2013: A similar provision was included in S.2607C of 2013; Passed Senate.

Fiscal implications

To be determined.

Effective date

July 1, 2014.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.