A08720 Summary:

BILL NOA08720
 
SAME ASNo same as
 
SPONSORHennessey
 
COSPNSREnglebright, Ramos, Lavine, Buchwald, Clark, Jaffee, Lupardo, Paulin, Schimminger, Skoufis, Hooper, Brindisi, Weisenberg, Russell, Steck, Santabarbara, Gunther, Barrett, Tenney, Stirpe, Friend, Kearns
 
MLTSPNSRMagee, Solages, Sweeney, Thiele
 
Rpld S3602 sub 17, Ed L
 
Repeals the gap elimination adjustment for the 2014-2015 school year and thereafter.
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A08720 Actions:

BILL NOA08720
 
02/05/2014referred to education
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A08720 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A8720
 
SPONSOR: Hennessey
  TITLE OF BILL: An act to repeal subdivision 17 of section 3602 of the education law relating to eliminating the gap elimination adjustment   PURPOSE OR GENERAL IDEA OF BILL: This bill would eliminate the GEA rate for 2014-15 and thereafter and provide school districts with the full amount of aid generated by all existing budget funding formulas   SUMMARY OF SPECIFIC PROVISIONS: Amends education law, eliminating the GEA for 2014-15 and thereafter and provides school districts with the full amount of aid generated by all existing budget funding formulas.   JUSTIFICATION: The GEA was introduced in New York State in 2009-10 under the name of the Deficit Reduction Assessment to partially reduce the state's $10 billion budget deficits. In 2011-12 it was used to enact a $2.56 billion statewide cut in school aid. Over the past three years the GEA has been used to reduce state aid to school districts by $6.35 billion. The GEA has unfairly burdened school districts and taxpayers throughout the state, increasing the dependence on local property taxes and taxpayers to fund our schools.   PRIOR LEGISLATIVE HISTORY: New Bill   FISCAL IMPLICATIONS: Undetermined.   EFFECTIVE DATE: This act shall take effect immediately.
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A08720 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8720
 
                   IN ASSEMBLY
 
                                    February 5, 2014
                                       ___________
 
        Introduced  by  M.  of  A. HENNESSEY, ENGLEBRIGHT, RAMOS, LAVINE -- read
          once and referred to the Committee on Education
 
        AN ACT to repeal subdivision 17 of section 3602  of  the  education  law
          relating to eliminating the gap elimination adjustment
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 

     1    Section 1. Subdivision 17 of section 3602  of  the  education  law  is
     2  REPEALED.
     3    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13736-02-4
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