S T A T E O F N E W Y O R K
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8074
I N S E N A T E
March 16, 2020
___________
Introduced by Sen. HARCKHAM -- read twice and ordered printed, and when
printed to be committed to the Committee on Education
AN ACT to amend the education law, in relation to the repayment by a
school district of a penalty arising from the late filing of a final
cost report for an approved capital construction project
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The education law is amended by adding a new section 3615
to read as follows:
§ 3615. PENALTY REPAYMENT; LATE FILING OF A FINAL COST REPORT.
NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE PERIOD OF TIME FOR THE
RECOVERY BY THE COMMISSIONER FROM A SCHOOL DISTRICT OF ANY PENALTY ARIS-
ING FROM THE LATE FILING OF A FINAL COST REPORT FOR AN APPROVED CAPITAL
CONSTRUCTION PROJECT OF SUCH SCHOOL DISTRICT SHALL NOT BE LESS THAN TEN
YEARS.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15797-01-0