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R02696 Summary:

BILL NOR02696
 
SAME ASNo Same As
 
SPONSORSTEWART-COUSINS
 
COSPNSR
 
MLTSPNSR
 
 
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R02696 Text:

 
Senate Resolution No. 2696
 
BY: Senator STEWART-COUSINS
 
        AMENDING   Senate   Resolution   R1410   of   2023
        establishing a plan setting forth an  itemized  list
        of  grantees  for  a  certain  appropriation for the
        2023-2024  state  fiscal  year   for   purposes   of
        providing  additional  funding  for school districts
        which  have  experienced  a  significant   financial
        hardship  created  by (1) an extraordinary change in
        the taxable property valuation or (2) a  significant
        shift  in  tax  liability  due  to  a tax certiorari
        settlement or judgment as required by a plan setting
        forth an itemized list of grantees with  the  amount
        to  be  received  by  each,  or  the methodology for
        allocating such appropriation.  Such plan  shall  be
        subject  to  the approval of the temporary president
        of the senate and the director  of  the  budget  and
        thereafter shall be included in a resolution calling
        for the expenditure of such monies, which resolution
        must  be  approved by a majority vote of all members
        elected to the senate upon a roll call vote
 
  RESOLVED, That funds originally appropriated in 2023  pursuant  to
section  1  of  chapter  53  of  the  laws  of 2023 and reappropriated
pursuant to section 1 of chapter 53 of the laws of 2024  which  enacts
the  aid  to  localities,  local  assistance  account, for purposes of
providing  additional  funding  for  school   districts   which   have
experienced  a  significant  financial  hardship  created  by  (1)  an
extraordinary change in  the  taxable  property  valuation  or  (2)  a
significant  shift in tax liability due to a tax certiorari settlement
or judgment. Such funds  shall  be  apportioned  pursuant  to  a  plan
setting  forth  an  itemized  list  of  grantees with the amount to be
received  by  each,   or   the   methodology   for   allocating   such
appropriation.  Such  plan  shall  be  subject  to the approval of the
temporary president of the senate and the director of the  budget  and
thereafter   shall  be  included  in  a  resolution  calling  for  the
expenditure of such monies, which resolution must  be  approved  by  a
majority  vote  of  all members elected to the senate upon a roll call
vote, according to the following schedule which shall be added to  the
schedule originally approved in Senate Resolution R1410 of 2023:
 
Haverstraw-Stony Point Central School
  district (North Rockland) 
  1,000,000
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