Amd Part A S25-b, Chap of 2010 (as proposed in S.6607-B/A.9707-C)
 
Enacts a chapter amendment making certain technical corrections to the education law relating to contracts for excellence, in relation to gap elimination adjustment offset.
STATE OF NEW YORK
________________________________________________________________________
11669
IN ASSEMBLY
July 7, 2010
___________
Introduced by COMMITTEE ON RULES -- read once and referred to the
Committee on Ways and Means
AN ACT to amend a chapter of the laws of 2010 amending the education law
and other laws relating to contracts for excellence, as proposed in
legislative bill numbers S.6607-B and A.9707-C, in relation to gap
elimination adjustment offset
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 25-b of part A of a chapter of the laws of 2010
2 amending the education law and other laws relating to contracts for
3 excellence, as proposed in legislative bill numbers S.6607-B and
4 A.9707-C, is amended to read as follows:
5 § 25-b. Notwithstanding any other provision of law to the contrary, in
6 the two thousand ten-two thousand eleven school year, the amount
7 received by each [average-need] school district, [as defined by the
8 commissioner of education,] exclusive of those identified in section
9 twenty-five-a of this act, whose budget is subject to voter approval as
10 a gap elimination adjustment offset, pursuant to a chapter of the laws
11 of 2010 that added paragraph f of subdivision one of section 3609-a of
12 the education law[, shall be used as follows:
13 (a) a minimum of 50 percent of such amount shall be used to reduce
14 property taxes in the 2011-2011 school year; and
15 (b) the remaining such amount may be deemed a state grant in aid for
16 general use within the meaning of subdivision two of section 1718 of the
17 education law and may be used for the purpose of maintaining educational
18 programming during the 2010-2011 school year which otherwise would have
19 been reduced as a result of such net gap elimination adjustment] shall
20 apply the amount of said offset solely to the reduction of the district
21 property tax levy and shall not be authorized to add an appropriation of
22 such funds to a proposed, enacted or adopted budget or to deposit such
23 funds in a reserve fund or to retain such funds in an unreserved fund
24 balance after levy of taxes.
25 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD17910-05-0