•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A02488 Summary:

BILL NOA02488
 
SAME ASNo Same As
 
SPONSORSayegh (MS)
 
COSPNSRGiglio, Santabarbara, Reyes, Taylor, Cook, Stirpe, Shimsky, Burdick, Manktelow, DeStefano, Lemondes, Davila, Gallahan, Brook-Krasny, Jensen
 
MLTSPNSRLevenberg, Simon
 
Amd §3602, Ed L
 
Relates to the apportionment of moneys for capital outlays and debt service for school building purposes.
Go to top

A02488 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          2488
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                    January 17, 2025
                                       ___________
 
        Introduced  by  M.  of  A.  SAYEGH, GIGLIO, SANTABARBARA, REYES, TAYLOR,
          COOK, STIRPE, SHIMSKY, BURDICK, MANKTELOW, DeSTEFANO, LEMONDES,  DAVI-
          LA,  GALLAHAN,  BROOK-KRASNY  -- Multi-Sponsored by -- M. of A. LEVEN-
          BERG, SIMON -- read once and referred to the Committee on Education
 
        AN ACT to amend the education law, in relation to the  apportionment  of
          moneys  for  capital  outlays  and  debt  service  for school building
          purposes
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  This  act shall be known and may be cited as the "rebuild
     2  our schools act".
     3    § 2. Subparagraph 2 of paragraph c of subdivision 6 of section 3602 of
     4  the education law is amended by adding a  new  clause  (d)  to  read  as
     5  follows:
     6    (d)  For aid payable in the school years two thousand twenty-five--two
     7  thousand twenty-six and thereafter for school building projects to reme-
     8  dy capacity shortages of high-need school districts, as defined pursuant
     9  to regulations of the commissioner in clause (c)  of  this  subparagraph
    10  and  are located in a county with a population of more than nine hundred
    11  forty thousand and less than one million inhabitants  according  to  the
    12  two  thousand  ten  federal  census,  as  approved by the voters of such
    13  school district or by such board of education of a city school  district
    14  in  a  city with more than one hundred twenty-five thousand inhabitants,
    15  on or after July first, two thousand twenty-one, may compute  aid  under
    16  the provisions of this subdivision using the high-need secondary supple-
    17  mental  building  aid ratio, which shall be the lesser of: (A) the prod-
    18  uct, computed to three decimals without rounding, of the greater of  the
    19  building  aid ratios computed pursuant to subclauses (i), (ii) and (iii)
    20  of clause (b) of this subparagraph multiplied by ten percent; or (B) the
    21  positive remainder of ninety-eight one-hundredths less  the  greater  of
    22  the  building  aid  ratios computed pursuant to subclauses (i), (ii) and
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02727-01-5

        A. 2488                             2
 
     1  (iii) of clause (b)  of  this  subparagraph.  School  building  projects
     2  eligible  for  aid  pursuant  to  this  clause shall include projects to
     3  address capacity shortages of at least ten  percent  of  the  calculated
     4  capacity  of  the  district  or  at  least ten percent of the calculated
     5  capacity of elementary or secondary schools of the district,  as  deter-
     6  mined by the commissioner.
     7    § 3. This act shall take effect immediately.
Go to top