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NY A10466
Bill
Status
3/6/2026
Primary Sponsor
Alicia Hyndman
Click for details
AI Summary
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Changes the reimbursement formula for charter school facilities in New York City from "actual rental costs" to "reasonable rental costs" when charter schools select alternative privately owned sites
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Defines "reasonable rental costs" as rental amounts that are comparable to facilities of similar location, quality, condition, and size, capped at the actual rental cost incurred by the charter school
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Limits reasonable rental cost reimbursements to physical facilities actively used as a school during the full lease or sublease term
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Excludes construction and renovation costs from the definition of reasonable rental costs
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Applies specifically to new charter schools and existing charter schools expanding grade levels in city school districts with populations of one million or more (New York City)
Legislative Description
Limits the reimbursement rate paid by the city school district to a charter school for charter school facilities expansion in a city school district located in a city having a population of one million or more inhabitants by changing "actual rental costs" to "reasonable rental costs"; defines "reasonable rental costs".
Last Action
referred to education
3/6/2026