A10705 Summary:
| BILL NO | A10705 |
| SAME AS | SAME AS S09477 |
| SPONSOR | Barrett |
| COSPNSR | |
| MLTSPNSR | |
| Amd §3602, Ed L | |
| Relates to the computation of building aid for the Arlington central school district; authorizes multi-year cost allowances to be established and used three times in a five-year period for construction, reconstruction or modernizing of one project by the Arlington central school district. | |
A10705 Text:
Go to topSTATE OF NEW YORK ________________________________________________________________________ 10705 IN ASSEMBLY March 23, 2026 ___________ Introduced by M. of A. BARRETT -- read once and referred to the Commit- tee on Education AN ACT to amend the education law, in relation to the computation of building aid for the Arlington central 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 Arlington 6 central school district, multi-year cost allowances for the project 7 shall be established and utilized three times in the first five-year 8 period. Subsequent multi-year cost allowances shall be established no 9 sooner than fifteen years after establishment of the first maximum cost 10 allowance 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. LBD14166-02-5