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Who cares
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Sponsors
3 Co-sponsors
History
- Referred to education
- Referred to education
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2643
Title of bill
An act to repeal subdivision 17 of section 3602 of the education law relating to eliminating the gap elimination adjustment
Purpose or general idea of bill
This bill would eliminate the GEA rate for 2014-15 and thereafter and provide school districts with the full amount of aid generated by all existing budget funding formulas
Summary of specific provisions
Amends education law, eliminating the GEA for 2014-15 and thereafter and provides school districts with the full amount of aid generated by all existing budget funding formulas.
Justification
The GEA was introduced in New York State in 2009-10 under the name of the Deficit Reduction Assessment to partially reduce the state's $10 billion budget deficits. In 2011-12 it was used to enact a $2.56 billion statewide cut in school aid. Over the past three years the GEA has been used to reduce state aid to school districts by $6.35 billion. The GEA has unfairly burdened school districts and taxpayers throughout the state, increasing the dependence on local property taxes and taxpayers to fund our schools.
Prior legislative history
New Bill.
Fiscal implications
Undetermined.
Effective date
This act shall take effect on 30th day after it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.