Bill Text: NY A02534 | 2019-2020 | General Assembly | Introduced

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Bill Title: Limits compensation of executives of charter schools to $199,000 where such compensation is provided through state funding.

Spectrum: Strong Partisan Bill (Democrat 10-1)

Status: (Introduced - Dead) 2020-01-08 - referred to education [A02534 Detail]

Download: New_York-2019-A02534-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          2534
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 23, 2019
                                       ___________
        Introduced  by M. of A. GLICK, FAHY, SIMON, DINOWITZ, GOTTFRIED, ZEBROW-
          SKI, M. G. MILLER, MONTESANO, COLTON, PERRY,  PEOPLES-STOKES  --  read
          once and referred to the Committee on Education
        AN  ACT to amend the education law, in relation to limiting compensation
          of executives of charter schools where such compensation  is  provided
          through state funding
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 2854 of the education law is amended  by  adding  a
     2  new subdivision 4 to read as follows:
     3    4. Compensation of executives. Compensation paid or given to any exec-
     4  utive  of  a  charter  school approved by the board of regents shall not
     5  exceed one hundred ninety-nine thousand  dollars  per  year  where  such
     6  compensation is provided through state funding.
     7    § 2. This act shall take effect July 1, 2019.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05011-01-9