Bill Text: NY A01559 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to foundation aid and the minimum local contribution thereto.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2016-01-06 - referred to education [A01559 Detail]

Download: New_York-2015-A01559-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1559
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                   January 12, 2015
                                      ___________
       Introduced  by  M.  of  A.  GUNTHER, COOK, CLARK, STECK, CROUCH, HAWLEY,
         BUTLER, GOODELL -- Multi-Sponsored by -- M.  of  A.  BARCLAY,  CAMARA,
         RIVERA -- read once and referred to the Committee on Education
       AN ACT to amend the education law, in relation to foundation aid and the
         minimum local contribution thereto
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subparagraph 1 of paragraph h of subdivision 2  of  section
    2  3602  of  the education law, as added by section 13 of part B of chapter
    3  57 of the laws of 2007, is amended to read as follows:
    4    (1) Total wealth foundation pupil units shall  mean  the  sum  of  (i)
    5  average daily membership for the year UP TO FIVE YEARS prior to the base
    6  year,  WHICHEVER  IS HIGHEST, as computed in this section, plus (ii) the
    7  full-time equivalent enrollment  of  resident  pupils  attending  public
    8  school  elsewhere,  less the full-time equivalent enrollment of nonresi-
    9  dent pupils, plus (iii) the full-time equivalent enrollment of  resident
   10  pupils  attending full-time in board of cooperative educational services
   11  (not otherwise specifically included).   Native  American  pupils  of  a
   12  reservation  attending  public  school,  or  pupils living on the United
   13  States military reservation at West Point attending public school, shall
   14  be deemed to be resident pupils of the district providing  such  school,
   15  for purposes of this paragraph. Where a school district has entered into
   16  a  contract with state university pursuant to subdivision two of section
   17  three hundred fifty-five of this chapter under which the school district
   18  makes payment in the nature of tuition  for  the  education  of  certain
   19  children  residing  in the district, such children for whom such tuition
   20  payments are made shall be deemed to be resident pupils of such district
   21  for the purposes of this paragraph.
   22    S 2. Subparagraph 4 of paragraph a of subdivision 4 of section 3602 of
   23  the education law, as amended by section 3 of part A of  chapter  56  of
   24  the laws of 2014, is amended to read as follows:
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD04275-01-5
       A. 1559                             2
    1    (4)  The expected minimum local contribution shall equal the lesser of
    2  (i) the product of (A) the quotient arrived at when the selected  actual
    3  valuation  is divided by total wealth foundation pupil units, multiplied
    4  by (B) the product of the local tax factor,  multiplied  by  the  income
    5  wealth  index,  or (ii) the product of (A) the product of the foundation
    6  amount, the regional cost index, and the pupil need index, multiplied by
    7  (B) the positive difference, if any, of  one  minus  the  state  sharing
    8  ratio  for  total  foundation  aid. The local tax factor shall be estab-
    9  lished by May first of each year by determining the product, computed to
   10  four decimal places without rounding, of ninety  percent  multiplied  by
   11  the quotient of the sum of the statewide average tax rate as computed by
   12  the  commissioner for the current year in accordance with the provisions
   13  of paragraph e of subdivision one of section thirty-six  hundred  nine-e
   14  of this part plus the statewide average tax rate computed by the commis-
   15  sioner  for  the  base  year in accordance with such provisions plus the
   16  statewide average tax rate computed by the  commissioner  for  the  year
   17  prior  to  the  base year in accordance with such provisions, divided by
   18  three, provided however that for the two  thousand  seven--two  thousand
   19  eight  school  year,  such local tax factor shall be sixteen thousandths
   20  (0.016), and provided further that for the two thousand eight--two thou-
   21  sand nine school year, such  local  tax  factor  shall  be  one  hundred
   22  fifty-four  ten  thousandths  (0.0154). The income wealth index shall be
   23  calculated pursuant to paragraph d of subdivision three of this section,
   24  provided, however, that for the purposes of computing the expected mini-
   25  mum local contribution the income wealth index shall not  be  less  than
   26  [sixty-five]  FORTY percent [(0.65)] (.4) and shall not be more than two
   27  hundred percent (2.0) and provided however that such income wealth index
   28  shall not be more than [ninety-five]  ONE  HUNDRED  TWENTY-FIVE  percent
   29  [(0.95)]  (1.25)  for  the  two thousand eight--two thousand nine school
   30  year, and provided further that such income wealth index  shall  not  be
   31  less  than  zero  for  the  two thousand thirteen--two thousand fourteen
   32  school year. The selected actual valuation shall be calculated  pursuant
   33  to  paragraph c of subdivision one of this section. Total wealth founda-
   34  tion pupil units shall be calculated pursuant to paragraph h of subdivi-
   35  sion two of this section.
   36    S 3. This act shall take effect immediately.
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