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NY S06110
Bill
Status
Engrossed
6/19/2012
Primary Sponsor
John Bonacic
Click for details
AI Summary
- Amends Education Law Section 3602 to exempt school districts formed through consolidation of at least two districts within the past 15 years from re-computation requirements when school buildings are sold or transferred
- Eliminates the requirement for newly consolidated districts to notify the commissioner and adjust building aid calculations when a school building is sold and no longer operated as a public school
- Maintains re-computation requirements for all other school districts, which must notify the commissioner within 60 days of any sale or transfer and have building aid adjusted based on revenues received
- Takes effect immediately upon enactment
Legislative Description
Exempts certain consolidated school districts from provisions of law requiring re-computation upon sale of building aid for projects for the construction, acquisition, reconstruction, rehabilitation or improvement of school buildings.
Last Action
referred to education
6/19/2012
Committee Referrals
Education6/19/2012
Rules6/13/2012
Finance6/5/2012
Education1/4/2012
Full Bill Text
No bill text available