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S2743Senate2015-2016 SessionSame asA2271

Repeals the gap elimination adjustment

Sponsor Patrick M. GallivanSD-59+24 co-sponsorsAffects Education
Status
In Senate Committee
Education
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Education

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Sponsors

History

  1. Print number 2743c
  2. Amend and recommit to education
  3. Referred to education
  4. Print number 2743b
  5. Amend and recommit to education
  6. Print number 2743a
  7. Amend and recommit to education
  8. 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.

A2271Assembly

Repeals the gap elimination adjustment

In Assembly Committee · Education · Sponsor Carrie Woerner

Full text

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

Sponsor's memo

Title of bill

An act to repeal subdivision 17 of section 3602 of the education law relating to eliminating the gap elimination adjustment

Purpose

This bill would eliminate the GEA and provide school districts with the full amount of aid generated by all existing budget funding formulas

SUMMARY OF PROVISIONS :. Amends education law, eliminating the GEA and providing school districts with the full amount of aid generated by all existing budget funding formulas.

Section two provides that this act will take effect July 1, 2017.

JUSTIFICATION :. The Gap Elimination Adjustment (GEA) was first introduced for the 2010-11 fiscal year as a way to help close New York's then $10 billion budget deficit. Under the legislation, a portion of the state's funding shortfall is divided among all the school districts in New York based on a formula, and each district's state aid is then reduced accordingly. The GEA has remained in effect to help the state address its budget challenges and priorities other than education. Statewide, school districts are still owed over $1 billion in promised state aid. The Gap Elimination Adjustment has unfairly burdened school districts and taxpayers throughout the state, increasing the dependence on local property taxes and taxpayers to make up the difference,

Legislative history

A.8720 - Referred to Education

Fiscal implications

None.

Effective date

This act shall take effect on July 1, 2017

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