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Senate Bill S622

2019-2020 Legislative Session

Relates to the recovery of certain building aid penalties by the state education department

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Archive: Last Bill Status - In Senate Committee Education Committee

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2019-S622 (ACTIVE) - Details

Current Committee:
Senate Education
Law Section:
Education
Versions Introduced in Other Legislative Sessions:
2015-2016: S2177
2017-2018: S619
2021-2022: S6121

2019-S622 (ACTIVE) - Summary

Relates to the recovery of certain building aid penalties by the state education department; authorizes SED to recover building aid in six equal annual installments beginning the later of June 2020 or June of the school year in which such district is notified of the penalty where such penalty exceeds $2,200,000 and also exceeds 2 percent of such district's total general fund expenditures for the 2013-14 school year.

2019-S622 (ACTIVE) - Sponsor Memo

2019-S622 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    622
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 9, 2019
                                ___________
 
 Introduced  by  Sen.  BOYLE  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Education
 
 AN ACT relating to the recovery of certain building aid penalties by the
   state education department

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any provision of law to the contrary, for a
 school  district  with  a  penalty  pursuant to a notice of building aid
 recovery where such  penalty  exceeds  $2,200,000  and  also  exceeds  2
 percent  of  such  district's  total  general  fund expenditures for the
 2013-14 school year, the commissioner of education  shall  recover  such
 penalty  in  six  equal annual installments beginning the later of June,
 2020 or June of the school year in which such district  is  notified  of
 the  penalty.  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.
                                                            LBD04390-01-9

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