Bill Text: NY A05400 | 2017-2018 | General Assembly | Introduced

Bill Title: Prohibits the percentage of disbursements from the state lottery fund that goes towards education aid from falling below 45.15 percent.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-10-11 - enacting clause stricken [A05400 Detail]

Download: New_York-2017-A05400-Introduced.html

                STATE OF NEW YORK
                               2017-2018 Regular Sessions
                   IN ASSEMBLY
                                    February 8, 2017
        Introduced  by M. of A. LOPEZ -- read once and referred to the Committee
          on Ways and Means
        AN ACT to amend the state finance law, in relation to the percentage  of
          education aid disbursed from the state lottery fund
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The opening paragraph of paragraph b of  subdivision  4  of
     2  section  92-c  of  the  state finance law, as added by chapter 71 of the
     3  laws of 1977, is amended to read as follows:
     4    Each eligible school district and state supported school for the  deaf
     5  and  blind  as defined in section forty-two hundred one of the education
     6  law  shall  compute  their  entitlement  pursuant   to   the   following
     7  provisions,  provided  that  the  total  percentage of revenue disbursed
     8  pursuant to this section to support education aid shall not  fall  below
     9  45.15 percent:
    10    §2.  This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.