Assembly Bill A5771

2023-2024 Legislative Session

Limits compensation of executives of charter schools where such compensation is provided through state funding

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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-A5771 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §2854, Ed L

2023-A5771 (ACTIVE) - Summary

Limits compensation of executives of charter schools to $199,000 where such compensation is provided through state funding.

2023-A5771 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5771
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 23, 2023
                                ___________
 
 Introduced  by M. of A. GLICK -- read once and referred to the Committee
   on Education
 
 AN ACT to amend the education law, in relation to limiting  compensation
   of  executives  of charter schools where such compensation is provided
   through state funding
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  2854 of the education law is amended by adding a
 new subdivision 4 to read as follows:
   4. COMPENSATION OF EXECUTIVES. COMPENSATION PAID OR GIVEN TO ANY EXEC-
 UTIVE OF A CHARTER SCHOOL APPROVED BY THE BOARD  OF  REGENTS  SHALL  NOT
 EXCEED  ONE  HUNDRED  NINETY-NINE  THOUSAND  DOLLARS PER YEAR WHERE SUCH
 COMPENSATION IS PROVIDED THROUGH STATE FUNDING.
   § 2. This act shall take effect July 1, 2023.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09305-01-3

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