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A01992 Summary:

BILL NOA01992
 
SAME ASNo Same As
 
SPONSORGlick
 
COSPNSREachus
 
MLTSPNSR
 
Amd §2854, Ed L
 
Limits compensation of executives of charter schools to $199,000 where such compensation is provided through state funding.
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A01992 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1992
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    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:
 
     1    Section  1.  Section  2854 of the education law is amended by adding a
     2  new subdivision 4 to read as follows:
     3    4. Compensation of executives. Compensation paid or given to any exec-
     4  utive of a charter school approved by the board  of  regents  shall  not
     5  exceed  one  hundred  ninety-nine  thousand  dollars per year where such
     6  compensation is provided through state funding.
     7    § 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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