Relates to the computation of building aid for construction, reconstruction or modernizing of no more than one project by the Schenectady city school district.
STATE OF NEW YORK
________________________________________________________________________
10313
IN ASSEMBLY
February 20, 2026
___________
Introduced by M. of A. SANTABARBARA -- read once and referred to the
Committee on Education
AN ACT to amend the education law, in relation to the computation of
building aid for construction, reconstruction or modernizing of one
project for the Schenectady city school district
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph a of subdivision 6 of section 3602 of the educa-
2 tion law is amended by adding a new subparagraph 13 to read as follows:
3 (13) Notwithstanding any other provision of law to the contrary, for
4 the purpose of computation of building aid for construction, recon-
5 struction or modernizing of no more than one project by the Schenectady
6 city school district, multi-year cost allowances for the project shall
7 be established and utilized two times in the first five-year period.
8 Subsequent multi-year cost allowances shall be established no sooner
9 than ten years after establishment of the first maximum cost allowance
10 authorized pursuant to this subparagraph.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14795-01-6
