senate Bill S6673

2013-2014 Legislative Session

Authorizes the commissioner of education to make a payment for the allotted balance of state aid to which the Little Falls school district is entitled

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

do you support this legislation?

You must fill out the form below in order to support or oppose this bill. X

You must login or fill out the fields below for the senator to have an accurate account of the support or opposition to this bill.

Your valid home address is used to determine which NY State Senator Represents you.
Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.
Use this box to enter a message to your senator.

Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 26, 2014 referred to education

S6673 - Details

See Assembly Version of this Bill:
A9069
Current Committee:
Law Section:
Education, Commissioner of

S6673 - Summary

Authorizes the commissioner of education to make a payment for the allotted balance of state aid to which the city school district of the city of Little Falls is entitled for a debt service payment for school building purposes.

S6673 - Sponsor Memo

S6673 - Bill Text download pdf

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

                                  6673

                            I N  S E N A T E

                            February 26, 2014
                               ___________

Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
  printed to be committed to the Committee on Education

AN ACT authorizing the commissioner of education to make a  payment  for
  the allotted balance of state aid to which the city school district of
  the  city  of  Little Falls is entitled for a debt service payment for
  school building purposes

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings. The legislature hereby finds that the
city  school  district of the city of Little Falls approved five capital
building projects which were designated by the state  education  depart-
ment as project numbers 0001-005, 0001-006, 0001-007, 0008-008, 0008-09.
In  addition,  the  projects  were  eligible for certain state aid.  The
legislature further finds that the school district issued  serial  bonds
in  1997  to  finance  the  capital  building  projects. The legislature
further finds that the school district began receiving building  aid  on
the  debt  service  relating  to  the serial bonds issued in 1997 in the
1997-1998 school year. The legislature further finds  that  due  to  the
state education department's reset of the bond issue date the payment of
the building aid was to start in the 1996-1997 school year. The legisla-
ture  further  finds  that  the  state  education department reduced the
building aid to the school district for the final debt  service  payment
due  on  June  15,  2014  on  the  serial  bonds  issued in 1997 for the
2013-2014 school year by the amount of aid the school  district  was  to
receive in the 1996-1997 school year. The legislature further funds that
the  school district did not receive payment of that building aid in the
1996-1997 school year. The legislature further finds that  without  such
apportionment  of state aid, the payment by the school district in June,
2014 of the debt service payment for the serial bonds issued in 1997 for
the capital building projects will impose an  additional,  unanticipated
hardship on school district taxpayers.
  S  2. Notwithstanding the defects described in section one of this act
or the provisions of any other law to the contrary, the commissioner  of
education  is  hereby  authorized  to  make  a  payment for the allotted

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

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.