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Assembly Bill A10624

2015-2016 Legislative Session

Relates to foundation aid

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Archive: Last Bill Status - In Assembly Committee

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2015-A10624 (ACTIVE) - Details

See Senate Version of this Bill:
S7996
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd ยง3602, Ed L

2015-A10624 (ACTIVE) - Summary

Relates to foundation aid for school districts with a combined wealth ratio less than one.

2015-A10624 (ACTIVE) - Bill Text download pdf

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

                                  10624

                          I N  A S S E M B L Y

                              June 8, 2016
                               ___________

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

AN ACT to amend the education law, in relation to foundation aid

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

  Section  1.  The opening paragraph of subdivision 4 of section 3602 of
the education law, as amended by section 7 of part A of  chapter  54  of
the laws of 2016, is amended to read as follows:
  In  addition  to  any  other apportionment pursuant to this chapter, a
school district, other than a special act school district as defined  in
subdivision eight of section four thousand one of this chapter, shall be
eligible  for total foundation aid equal to the product of total aidable
foundation pupil units multiplied by the district's selected  foundation
aid,  which shall be the greater of five hundred dollars ($500) or foun-
dation formula aid, provided, however that for the two thousand  seven--
two  thousand eight through two thousand eight--two thousand nine school
years, no school district shall receive total foundation aid  in  excess
of  the  sum of the total foundation aid base for aid payable in the two
thousand seven--two thousand eight  school  year  computed  pursuant  to
subparagraph (i) of paragraph j of subdivision one of this section, plus
the  phase-in  foundation  increase  computed pursuant to paragraph b of
this subdivision, and provided further that for the two thousand twelve-
-two thousand thirteen school year, no  school  district  shall  receive
total  foundation  aid  in excess of the sum of the total foundation aid
base for aid payable in the two  thousand  eleven--two  thousand  twelve
school  year  computed  pursuant  to subparagraph (ii) of paragraph j of
subdivision one of this section, plus the phase-in  foundation  increase
computed  pursuant  to  paragraph  b  of  this subdivision, and provided
further that for the two thousand thirteen--two thousand fourteen school
year and thereafter, no school district shall receive  total  foundation
aid  in  excess  of  the  sum  of the total foundation aid base computed
pursuant to subparagraph (ii) of paragraph j of subdivision one of  this
section,  plus  the  phase-in  foundation  increase computed pursuant to
paragraph b of this subdivision, and provided further that for  the  two

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

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