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NY A07929
Bill
Status
8/4/2023
Primary Sponsor
Matthew Simpson
Click for details
AI Summary
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Amends Education Law Section 3602 to modify building aid computation for Boquet Valley Central School District reorganization projects involving construction, reconstruction, or modernization.
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Allows multi-year cost allowances to be established and utilized twice within the first five-year period for eligible projects.
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Requires subsequent multi-year cost allowances to be established no sooner than ten years after the first maximum cost allowance is authorized.
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Takes effect immediately upon enactment.
Legislative Description
Relates to the computation of building aid for reorganization efforts including the construction, reconstruction or modernizing of certain projects by the Boquet Valley central school district.
Last Action
referred to education
1/3/2024