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Assembly Bill A5400

2017-2018 Legislative Session

Prohibits the percentage of disbursements from the state lottery fund that goes towards education aid from falling below 45.15%

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Archive: Last Bill Status - Stricken

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2017-A5400 (ACTIVE) - Details

Law Section:
State Finance Law
Laws Affected:
Amd §92-c, St Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: A10402
2013-2014: A5739
2015-2016: A6020
2019-2020: A5646
2021-2022: A4221
2023-2024: A2749
2025-2026: A4224

2017-A5400 (ACTIVE) - Summary

Prohibits the percentage of disbursements from the state lottery fund that goes towards education aid from falling below 45.15 percent.

2017-A5400 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5400
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 8, 2017
                                ___________
 
 Introduced  by M. of A. LOPEZ -- read once and referred to the Committee
   on Ways and Means
 
 AN ACT to amend the state finance law, in relation to the percentage  of
   education aid disbursed from the state lottery fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The opening paragraph of paragraph b of  subdivision  4  of
 section  92-c  of  the  state finance law, as added by chapter 71 of the
 laws of 1977, is amended to read as follows:
   Each eligible school district and state supported school for the  deaf
 and  blind  as defined in section forty-two hundred one of the education
 law  shall  compute  their  entitlement  pursuant   to   the   following
 provisions,  PROVIDED  THAT  THE  TOTAL  PERCENTAGE OF REVENUE DISBURSED
 PURSUANT TO THIS SECTION TO SUPPORT EDUCATION AID SHALL NOT  FALL  BELOW
 45.15 PERCENT:
   §2.  This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07749-01-7

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