Bill Text: NY A00285 | 2019-2020 | General Assembly | Introduced


Bill Title: Relates to lottery aid formulas for school districts.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A00285 Detail]

Download: New_York-2019-A00285-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                           285
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                       (Prefiled)
                                     January 9, 2019
                                       ___________
        Introduced by M. of A. PAULIN, GUNTHER, JAFFEE, LUPARDO, L. ROSENTHAL --
          read once and referred to the Committee on Ways and Means
        AN ACT to amend the state finance law, in relation to lottery aid formu-
          las for school districts
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subparagraph 4 of paragraph b of subdivision 4  of  section
     2  92-c  of  the  state  finance law, as amended by section 64 of part A of
     3  chapter 58 of the laws of 2011, is amended to read as follows:
     4    (4) each eligible school district shall be entitled to  an  additional
     5  lottery  grant  equal  to the result of multiplying the district's total
     6  aidable foundation pupil units for the base year  computed  pursuant  to
     7  paragraph  g  of  subdivision  two  of section thirty-six hundred two of
     8  [this act] the education law by:
     9  Base Grant x regional cost index x pupil need index x (1 + aid ratio)
    10    Where, the base grant shall equal the sum of the net  total  available
    11  moneys  after making payments pursuant to subparagraphs [(1), (2), (2-a)
    12  and (3) above] one, two, two-a and three  of  this  paragraph,  plus  an
    13  amount  from the general support for public schools-- general fund local
    14  assistance account equal to the June lottery  payment,  divided  by  the
    15  total aidable foundation pupil units of the state and where the regional
    16  cost  index shall be the regional cost index defined in subparagraph two
    17  of paragraph a of subdivision four of section thirty-six hundred two  of
    18  the  education  law,  and  the  pupil need index shall be the pupil need
    19  index defined in subparagraph three of paragraph a of  subdivision  four
    20  of  section  thirty-six  hundred  two  of the education law, and the Aid
    21  Ratio is equal to one minus [the pupil wealth ratio of the  district  as
    22  such  term is defined in section thirty-six hundred two of the education

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD03697-01-9

        A. 285                              2

     1  law. In no case shall a school district aid ratio exceed one (1)  or  be
     2  less  than  minus one (-1)] the state sharing ratio for total foundation
     3  aid as defined in paragraph g of subdivision three of section thirty-six
     4  hundred two of the education law.
     5    § 2. This act shall take effect immediately.
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