S T A T E O F N E W Y O R K
________________________________________________________________________
8189
I N S E N A T E
June 15, 2010
___________
Introduced by Sen. YOUNG -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules
AN ACT to amend the education law, in relation to providing a supple-
mental valuation impact grant to the West Valley central school
district
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph a of subdivision 3 of section 3641 of the educa-
tion law, as amended by section 31 of part A of chapter 57 of the laws
of 2009, is amended and a new paragraph e is added to read as follows:
a. In addition to apportionments otherwise provided by section thir-
ty-six hundred two of this article, for aid payable in the two thousand
eight--two thousand nine and two thousand nine--two thousand ten school
years, the amounts specified in paragraphs c [and], d AND E of this
subdivision shall be paid for the purpose of providing additional fund-
ing for school districts which have experienced a significant financial
hardship caused by an extraordinary change in the taxable property valu-
ation, MORE THAN NINETY PERCENT OF THEIR REAL PROPERTY CLASSIFIED AS TAX
EXEMPTION or extraordinary judgments resulting from tax certiorari
proceedings.
E. TO THE WEST VALLEY CENTRAL SCHOOL DISTRICT, THERE SHALL BE PAID
FIVE HUNDRED THOUSAND DOLLARS ($500,000). SUCH GRANT SHALL BE PAYABLE TO
THE WEST VALLEY CENTRAL SCHOOL DISTRICT IN ACCORDANCE WITH THE PAYMENT
SCHEDULES CONTAINED IN SECTION THIRTY-SIX HUNDRED NINE-A OF THIS ARTI-
CLE, NOTWITHSTANDING ANY PROVISION OF LAW TO THE CONTRARY.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD17757-01-0