|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to education|
|Jan 09, 2013||referred to education|
senate Bill S1552
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1552 - Details
S1552 - Summary
Excludes the adjusted gross incomes of the upper and lower 1/2 of 1% of taxpayers in a school district from the calculation of the adjusted gross income of such district for the purposes of the alternative pupil wealth ratio and the combined wealth ratio relating to the provision of state aid to school districts.
S1552 - Sponsor Memo
BILL NUMBER:S1552 TITLE OF BILL: An act to amend the education law, in relation to school district adjusted gross income for purposes of determining the alternative pupil wealth ratio and combined wealth ratio PURPOSE: Excludes the adjusted gross income of the upper and lower 1/2% of taxpayers in a school district from the calculation of the adjusted gross income of such district. SUMMARY OF PROVISIONS: The calculation of the adjusted gross income of a school district shall not include the adjusted gross income of the one-half of one percent of the taxpayers in such a school district who have the greatest adjusted gross incomes and shall not include the adjusted gross income of the one-half percent of the taxpayers in such school district who have the lowest adjusted gross income. JUSTIFICATION: The State Aid formula was established to help provide an objective method to fairly allocate our State's limited education dollars. It attempts to identify, in a fair manner, each district's ability to fund education by measuring wealth. To help assure that goal, the
S1552 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1552 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sen. LAVALLE -- read twice and ordered printed, and when printed to be committed to the Committee on Education AN ACT to amend the education law, in relation to school district adjusted gross income for purposes of determining the alternative pupil wealth ratio and combined wealth ratio THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraph 1 of paragraph b of subdivision 3 of section 3602 of the education law, as amended by section 13 of part B of chapter 57 of the laws of 2008, is amended to read as follows: (1) "Alternate pupil wealth ratio" shall mean the number computed to three decimals without rounding obtained when the adjusted gross income of a school district for the calendar year two years prior to the calen- dar year in which the base year began divided by the total wealth pupil units of such district is divided by the statewide adjusted gross income per total wealth pupil unit. Such statewide average gross income per pupil shall be established each year by the commissioner and shall be transmitted to school districts. Such statewide average shall be rounded to the nearest hundredth and shall include the adjusted gross income and total wealth pupil units of all school districts eligible for aid pursu- ant to this section except central high school districts. For the purposes of calculating such statewide average the data for the city school district of the city of New York shall be citywide data. THE CALCULATION OF THE ADJUSTED GROSS INCOME OF A SCHOOL DISTRICT SHALL NOT INCLUDE THE ADJUSTED GROSS INCOME OF THE ONE-HALF OF ONE PERCENT OF THE TAXPAYERS IN SUCH SCHOOL DISTRICT WHO HAVE THE GREATEST ADJUSTED GROSS INCOMES, AND SHALL NOT INCLUDE THE ADJUSTED GROSS INCOME OF THE ONE-HALF OF ONE PERCENT OF THE TAXPAYERS IN SUCH SCHOOL DISTRICT WHO HAVE THE LOWEST ADJUSTED GROSS INCOMES. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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