Senate Bill S6404A

Vetoed By Governor
2017-2018 Legislative Session

Changes from six one-hundredths to five one-hundredths, the portion of a school districts general fund expenditures that a penalty for late final cost reports must exceed for such penalty to be recoverable

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Archive: Last Bill Status Via A8062 - Vetoed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Vetoed By Governor
  • Signed By Governor

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Bill Amendments

2017-S6404 - Details

See Assembly Version of this Bill:
A8062
Law Section:
Education
Laws Affected:
Amd Part A §49, Chap 54 of 2016

2017-S6404 - Summary

Changes from six one-hundredths to five one-hundredths, the portion of a school district's general fund expenditures that a penalty for late final cost reports must exceed for such penalty to be recoverable by the district from the education department.

2017-S6404 - Sponsor Memo

2017-S6404 - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6404
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Education
 
 AN ACT to amend chapter 59 of the laws of 2017,  relating  to  penalties
   arising  from  late final cost reports, in relation to eligibility for
   the recovery of such penalties

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  b of section 11 of part YYY of chapter 59 of
 the laws of 2017, relating to penalties arising  from  late  final  cost
 reports, is amended to read as follows:
   b.  Penalty  eligibility.  Only  aid penalties arising from late final
 cost reports (1) (i) for school construction projects  approved  by  the
 commissioner  of  education prior to July 1, 2011 where such penalty has
 not yet been recovered by the commissioner of education or (ii) that are
 already included within a multi-year recovery pursuant to a  chapter  of
 law  of  the  year  2013  or thereafter and (2) where such total penalty
 exceeds  [six]  FIVE  one-hundredths  [(0.06)]  (0.05)  of  the   school
 district's  total  general  fund  expenditures  for the base year of the
 notification year, shall be eligible for the provisions of this section.
   § 2. This act shall take effect immediately and  shall  be  deemed  to
 have been in full force and effect on and after April 1, 2017.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11781-01-7



              

2017-S6404A (ACTIVE) - Details

See Assembly Version of this Bill:
A8062
Law Section:
Education
Laws Affected:
Amd Part A §49, Chap 54 of 2016

2017-S6404A (ACTIVE) - Summary

Changes from six one-hundredths to five one-hundredths, the portion of a school district's general fund expenditures that a penalty for late final cost reports must exceed for such penalty to be recoverable by the district from the education department.

2017-S6404A (ACTIVE) - Sponsor Memo

2017-S6404A (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6404--A
     Cal. No. 1668
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               May 16, 2017
                                ___________
 
 Introduced  by  Sen.  LARKIN -- read twice and ordered printed, and when
   printed to be committed to the Committee  on  Education  --  committee
   discharged  and  said  bill  committed  to  the  Committee on Rules --
   ordered to a third reading, amended and ordered  reprinted,  retaining
   its place in the order of third reading

 AN  ACT  to  amend chapter 54 of the laws of 2016, directing the commis-
   sioner of education on how to recover certain penalties,  in  relation
   to the collection of a penalty from the Newburgh city school district
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 49 of part A of chapter 54 of  the  laws  of  2016,
 directing the commissioner of education on how to recover certain penal-
 ties, is amended to read as follows:
   §  49.  Notwithstanding  any provision of law to the contrary, for the
 Newburgh city school district having a penalty  arising  from  the  late
 filing  of a final cost report pursuant to section 31 of part A of chap-
 ter 57 of the laws of 2012 in the amount of not more  than  $12,747,495,
 the  commissioner  of education shall recover such penalty in [five] TEN
 equal annual installments beginning [the later of] June [of 2017 or June
 of the school year in which such district is notified  of  the  penalty]
 2018.   Provided further that such district may elect to make an initial
 payment no later than  thirty  days  in  advance  of  the  first  annual
 installment which shall reduce the amount of each annual installment.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11781-03-7



              

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