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Senate Bill S469A

2025-2026 Legislative Session

Relates to providing additional reimbursement to school districts for expenses incurred for failure to receive timely payments of state aid

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Current Bill Status - In Senate Committee Education Committee

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Bill Amendments

2025-S469 (ACTIVE) - Details

Current Committee:
Senate Education
Law Section:
Education Law
Laws Affected:
Add §3605, Ed L
Versions Introduced in Other Legislative Sessions:
2017-2018: S4144
2019-2020: S356
2021-2022: S172
2023-2024: S104

2025-S469 (ACTIVE) - Summary

Relates to providing additional reimbursement to school districts for expenses incurred for failure to receive timely payments of state aid, including expenses relating to interest payments and ancillary expenses incurred as a result of not having received aid in a timely manner.

2025-S469 (ACTIVE) - Sponsor Memo

2025-S469 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    469
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 8, 2025
                                ___________
 
 Introduced  by  Sen. TEDISCO -- 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  providing  additional
   reimbursement to school districts for expenses incurred for failure to
   receive timely payments of state aid
 
   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  3605
 to read as follows:
   §  3605.  ADDITIONAL  STATE  REIMBURSEMENT  TO  SCHOOL  DISTRICTS.  1.
 NOTWITHSTANDING ANY INCONSISTENT PROVISION OF LAW, THE  STATE  SHALL  BE
 LIABLE  FOR  ANY  INTEREST  PAYMENTS OR ANCILLARY EXPENSES INCURRED BY A
 SCHOOL DISTRICT AS A RESULT OF THE SCHOOL DISTRICT NOT  HAVING  RECEIVED
 TIMELY  PAYMENTS OF STATE AID DUE TO A FAILURE BY THE STATE TO ADOPT THE
 AID TO LOCALITIES BUDGET BY APRIL FIRST IN ANY FISCAL YEAR DURING  WHICH
 BUDGET  BILLS  AS  DEFINED  BY  ARTICLE SEVEN OF THE CONSTITUTION OF THE
 STATE OF NEW YORK HAVE NOT BEEN ADOPTED.
   2. WITHIN THIRTY DAYS AFTER THE ADOPTION  OF  SUCH  BUDGET  BILLS  THE
 GOVERNOR  SHALL PREPARE AND SUBMIT TO THE LEGISLATURE CHAPTER AMENDMENTS
 TO THE AID TO LOCALITIES BUDGET PROVIDING FOR  ADDITIONAL  REIMBURSEMENT
 TO REPAY SCHOOL DISTRICTS FOR ANY AND ALL INTEREST PAYMENTS OR ANCILLARY
 EXPENSES REFERENCED IN SUBDIVISION ONE OF THIS SECTION.
   3.  SUCH REIMBURSEMENT MONEYS SHALL BE PAID UPON THE AUDIT OF VOUCHERS
 CERTIFIED BY THE CHIEF FISCAL OFFICER FOR THE SCHOOL DISTRICT  DEMANDING
 REIMBURSEMENT  FOR THE INTEREST PAYMENTS AND ANCILLARY EXPENSES INCURRED
 BY SUCH SCHOOL DISTRICT.
   § 2. This act shall take effect immediately.
 

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01837-01-5

2025-S469A (ACTIVE) - Details

Current Committee:
Senate Education
Law Section:
Education Law
Laws Affected:
Add §3605, Ed L
Versions Introduced in Other Legislative Sessions:
2017-2018: S4144
2019-2020: S356
2021-2022: S172
2023-2024: S104

2025-S469A (ACTIVE) - Summary

Relates to providing additional reimbursement to school districts for expenses incurred for failure to receive timely payments of state aid, including expenses relating to interest payments and ancillary expenses incurred as a result of not having received aid in a timely manner.

2025-S469A (ACTIVE) - Bill Text download pdf

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