New York S 9477: Relates to the computation of building aid for the Arlington central school district

Bill Text

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S09477 Summary:

BILL NOS09477 

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SAME ASSAME AS A10705

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SPONSORHINCHEY

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COSPNSR

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MLTSPNSR

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Amd §3602, Ed L

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Relates to the computation of building aid for the Arlington central school district; authorizes multi-year cost allowances to be established and used three times in a five-year period for construction, reconstruction or modernizing of one project by the Arlington central school district.

Go to top S09477 Actions:

BILL NOS09477 

&nbsp

03/17/2026REFERRED TO EDUCATION

Go to topS09477 Committee&nbspVotes:

Go to topS09477 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS09477 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9477

 IN SENATE

 March 17, 2026
 ___________

 Introduced by Sen. HINCHEY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Education

 AN ACT to amend the education law, in relation to the computation of
 building aid for the Arlington central 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 13 to read as follows:
 3 (13) Notwithstanding any other provision of law to the contrary, for
 4 the purpose of computation of building aid for construction, recon-
 5 struction or modernizing of no more than one project by the Arlington
 6 central school district, multi-year cost allowances for the project
 7 shall be established and utilized three times in the first five-year
 8 period. Subsequent multi-year cost allowances shall be established no
 9 sooner than fifteen years after establishment of the first maximum cost
 10 allowance authorized pursuant to this subparagraph.
 11 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD14166-02-5

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