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Assembly Bill A10039

2013-2014 Legislative Session

Increases the limitation on indebtedness that may be incurred by certain school districts from five percent to ten percent

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Archive: Last Bill Status - In Assembly Committee

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2013-A10039 (ACTIVE) - Details

See Senate Version of this Bill:
S6743
Current Committee:
Assembly Judiciary
Law Section:
Constitution, Concurrent Resolutions to Amend
Laws Affected:
Amd Art 8 ยง4, Constn

2013-A10039 (ACTIVE) - Summary

Increases the limitation on indebtedness that may be incurred by certain school districts from five percent to ten percent.

2013-A10039 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  10039

                          I N  A S S E M B L Y

                              June 10, 2014
                               ___________

Introduced  by  COMMITTEE  ON RULES -- (at request of M. of A. Steck) --
  read once and referred to the Committee on Education

            CONCURRENT RESOLUTION OF THE SENATE AND ASSEMBLY

proposing an amendment to section 4 of article 8 of the constitution, in
  relation to increasing the limitation  on  indebtedness  that  may  be
  incurred by certain school districts

  Section 1. Resolved (if the Senate concur), That the opening paragraph
of  subdivision  (h)  of  section  4 of article 8 of the constitution be
amended to read as follows:
  any school district which is coterminous with, or  partly  within,  or
wholly  within, a city having less than one hundred twenty-five thousand
inhabitants according  to  the  latest  federal  census,  for  education
purposes, [five] TEN per centum; provided, however, that such limitation
may  be  increased  in relation to indebtedness for specified objects or
purposes with (1) the approving vote of sixty per centum or more of  the
duly  qualified  voters  of such school district voting on a proposition
therefor submitted at a general or special election, (2) the consent  of
The  Regents  of  the  University  of  the State of New York and (3) the
consent of the state comptroller. The legislature shall prescribe by law
the qualifications for voting at any such election.
  S 2. Resolved (if the Senate concur), That the foregoing amendment  be
referred  to  the  first regular legislative session convening after the
next succeeding general election of members of  the  assembly,  and,  in
conformity  with  section  1  of  article  19  of  the  constitution, be
published for 3 months previous to the time of such election.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD89136-01-4

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