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Assembly Bill A1992

2025-2026 Legislative Session

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

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2025-A1992 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §2854, Ed L
Versions Introduced in 2023-2024 Legislative Session:
A5771

2025-A1992 (ACTIVE) - Summary

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

2025-A1992 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1992
 
                        2025-2026 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 14, 2025
                                ___________
 
 Introduced  by  M.  of A. GLICK, EACHUS -- 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, 2025.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD04707-01-5

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