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NY S07605
Bill
Status
7/19/2023
Primary Sponsor
Daniel Stec
Click for details
AI Summary
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Amends Education Law Section 3602 to allow Boquet Valley Central School District to establish multi-year cost allowances for building aid up to two times within the first five-year period for a single construction, reconstruction, or modernization project.
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Subsequent multi-year cost allowances for the district cannot be established until at least ten years after the first maximum cost allowance is authorized.
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Provision applies only to one project by Boquet Valley Central School District and overrides other provisions of law regarding building aid computation.
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Takes effect immediately upon enactment.
Legislative Description
Relates to the computation of building aid for the construction, reconstruction or modernizing of no more than one project by the Boquet Valley Central school district.
Last Action
PRINT NUMBER 7605A
9/11/2024