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Sponsors
3 Co-sponsors
History
- 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.
Requires the state to pay down the gap elimination adjustment
In Assembly Committee · Education · Sponsor Fred Thiele
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6539
Title of bill
An act to amend the education law, in relation to requiring the state to pay down the gap elimination adjustment
Purpose
To require the state to pay down the Gap Elimination Adjust- ment.
Summary of provisions
Subdivision 17 of Section 3602 of the Education Law is amended by adding two new paragraphs (g) and (h): New paragraph (g) would provide that the GAP elimination adjustment for the 2014-15 school year shall equal 50% of the GAP elimination adjustment for such district for the 2013-14 school year, except for school districts that have been designated by the State Comptroller as fiscally distressed for calendar year 2013. For such distressed school districts, the Gap Elimi- nation Adjustment shall be zero. New paragraph (h) provides that the Gap Elimination Adjustment for the 2015-16 school year shall equal zero.
Justification
The Gap Elimination Adjustment (GEA) was enacted during the height of the recession to help eliminate a $10 billion State budget deficit. The Governor is now projecting budget surpluses for New York State. This legislation would eliminate the GEA for fiscally distressed school districts in 2014 and phase out the GEA for all other school districts over the next two years. The GEA cost school districts $1.64 billion in 2013. The Governor's 2014-15 Executive Budget proposal would reduce the GEA by $323 million in 2014. This legislation proposes reduc- ing the GEA by $950 million in 2014 or $627 million more than the Gover- nor's school aid proposal. In 2014, in addition to eliminating the GEA for fiscally distressed school districts, this legislation would reduce the GEA for all other districts by 50%, The $1.64 billion GEA would be eliminated for all school districts in 2015.
Legislative history
2014: New Legislation
Fiscal implications
To be determined
Effective date
This act shall take effect April 1, 2014.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.