Assembly Bill A350

2023-2024 Legislative Session

Adjusts the maintenance amount for the city school district of the city of New York

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

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

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2023-A350 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §2576, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A8695
2011-2012: A1779
2013-2014: A703
2015-2016: A675
2017-2018: A4193
2019-2020: A947
2021-2022: A1564

2023-A350 (ACTIVE) - Summary

Adjusts the maintenance amount for the city school district of the city of New York; requires adjustment to reflect the consumer price index for all urban consumers in the New York-Northern New Jersey-Long Island portion of the New York-Northern New Jersey-Long Island, New York-New Jersey-Pennsylvania Metropolitan statistical area, as such is defined by the United States Department of Labor.

2023-A350 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    350
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              January 6, 2023
                                ___________
 
 Introduced  by  M.  of  A.  L. ROSENTHAL, BENEDETTO, DINOWITZ, COLTON --
   Multi-Sponsored by -- M. of A. GLICK -- read once and referred to  the
   Committee on Education
 
 AN  ACT to amend the education law, in relation to adjusting the mainte-
   nance amount for the city school district of the city of New York

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  b  of  subdivision  5-a of section 2576 of the
 education law, as added by chapter 91 of the laws of 2002, is amended to
 read as follows:
   b. The city amount shall not be less than the city amount appropriated
 in the base year as determined at the time of adoption of the budget for
 the ensuing fiscal year[. Provided, however, in] ADJUSTED TO REFLECT THE
 FIVE YEAR AVERAGE PERCENTAGE CHANGE IN THE CONSUMER PRICE INDEX FOR  ALL
 URBAN  CONSUMERS IN THE NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND PORTION
 OF THE NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND,  NEW  YORK-NEW  JERSEY-
 PENNSYLVANIA  METROPOLITAN  STATISTICAL AREA, (CPI-U) AS SUCH IS DEFINED
 BY THE UNITED STATES DEPARTMENT OF LABOR AND TO  INCLUDE  AN  ADDITIONAL
 TWO BILLION TWO HUNDRED MILLION DOLLARS IN EXCESS OF THE TOTAL AMOUNT OF
 EXPENDITURES  FOR  THE  TWO  THOUSAND  SIX--TWO THOUSAND SEVEN BASE YEAR
 PURSUANT TO SECTION THIRTEEN-A OF PART B OF CHAPTER FIFTY-SEVEN  OF  THE
 LAWS  OF  TWO THOUSAND SEVEN, SUBJECT TO THE PROVISIONS OF THIS SECTION.
 IN ACCORDANCE WITH SUBPARAGRAPH (II) OF PARAGRAPH A OF THIS SUBDIVISION,
 THE CITY OF NEW YORK'S CONTRIBUTION OF TWO BILLION TWO  HUNDRED  MILLION
 DOLLARS, PURSUANT TO SECTION THIRTEEN-A OF PART B OF CHAPTER FIFTY-SEVEN
 OF  THE  LAWS  OF  TWO THOUSAND SEVEN SHALL NOT INCLUDE CITY PAYMENTS TO
 BOND OR NOTE HOLDERS FOR DEBT SERVICE OR PAYMENTS FOR  EMPLOYEE  PENSION
 BENEFITS.    IN  the event the total amount of city funds relied upon to
 balance such budget is lower than the total amount of city funds  appro-
 priated  in  the  base  year, determined at the time of adoption of such
 budget, the city amount may be reduced by up to the same  percentage  as
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00835-01-3

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