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NY S01420
Bill
Status
1/9/2025
Primary Sponsor
John Liu
Click for details
AI Summary
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Changes the reimbursement standard for charter school facility costs in New York City from "actual rental cost" to "reasonable rental cost" when charter schools win appeals for space allocation
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Defines "reasonable rental cost" as rental expenses 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 reimbursable costs to physical facilities actively used by the charter school during the full term of the lease or sublease
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Excludes construction and renovation costs from the definition of reasonable rental costs
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Applies to both new charter schools and existing charter schools expanding grade levels when the city school district must pay for alternative privately owned sites
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 NEW YORK CITY EDUCATION
1/7/2026