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NY A03958
Bill
Status
1/30/2025
Primary Sponsor
Matthew Simpson
Click for details
AI Summary
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Allows Boquet Valley Central School District to establish multi-year cost allowances twice during the first five-year period for building aid calculation on one construction, reconstruction, or modernization project
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Applies only to a single project undertaken by the district
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Requires that any subsequent multi-year cost allowances be established no later than ten years after the first maximum cost allowance authorized under this provision
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Overrides existing provisions of law that would otherwise limit how building aid cost allowances are calculated for this district
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
referred to education
1/7/2026