STATE OF NEW YORK
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6778--A
2017-2018 Regular Sessions
IN SENATE
June 16, 2017
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Introduced by Sen. KLEIN -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- recommitted to
the Committee on Education in accordance with Senate Rule 6, sec. 8 --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the education law, in relation to the establishment of
multi-year cost allowances for the Mount Vernon 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 8 to read as follows:
3 (8) Notwithstanding any other provision of law to the contrary, for
4 the purpose of computation of building aid for up to four new
5 construction projects, authorized pursuant to a March seventh, two thou-
6 sand seventeen Mount Vernon city school district bond proposal approved
7 by the voters of such district, multi-year cost allowances for each
8 project shall be established and utilized two times in the first five-
9 year period. Subsequent multi-year cost allowances shall be established
10 no sooner than ten years after establishment of the first maximum cost
11 allowance authorized pursuant to this subparagraph.
12 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13248-07-8
