Bill Text: NY S01062 | 2017-2018 | General Assembly | Introduced

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Bill Title: Relates to certain tuition and reconciliation rates and establishes the special education provider revolving loan fund.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2018-01-03 - REFERRED TO EDUCATION [S01062 Detail]

Download: New_York-2017-S01062-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          1062
                               2017-2018 Regular Sessions
                    IN SENATE
                                     January 6, 2017
                                       ___________
        Introduced by Sens. CARLUCCI, ADDABBO -- 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 certain tuition and
          reconciliation rates; and to amend the state finance law, in  relation
          to the special education provider revolving loan fund
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 4 of section  4405  of  the  education  law  is
     2  amended by adding two new paragraphs k and l to read as follows:
     3    k.  The  tuition  rates  established for special act school districts,
     4  approved private schools  for  students  of  school  age,  and  approved
     5  providers of services pursuant to section forty-four hundred ten of this
     6  article  for  the two thousand seventeen--eighteen tuition rate year and
     7  all subsequent years thereafter shall equal the product of  the  tuition
     8  rate  for  the  base year and personal income growth index as defined by
     9  paragraph bb of subdivision one of section  thirty-six  hundred  two  of
    10  this chapter.
    11    l.  All  reconciliation  rates  filed  after  July first, two thousand
    12  seventeen in accordance with section 200.9 of the department's rules and
    13  regulations shall be acted upon by the director of the budget within one
    14  hundred twenty days of submission to the department. Such rates shall be
    15  deemed approved by the director of the budget in the event that no final
    16  action is taken by the director of the budget within one hundred  twenty
    17  days from the submission of the reconciliation rate to the department.
    18    §  2. The state finance law is amended by adding a new section 97-rrrr
    19  to read as follows:
    20    § 97-rrrr. Special education provider revolving loan fund.   1.  There
    21  is  hereby  established  in the joint custody of the comptroller and the
    22  commissioner of taxation and finance a fund to be known as  the  special
    23  education  provider  revolving  loan  fund.  Such  fund shall consist of
    24  moneys made available pursuant to appropriation and any other sources in
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01807-01-7
        S. 1062                             2
     1  order to provide support special act school districts,  state  education
     2  department  approved  private  schools for special education students of
     3  school age, and approved  providers  of  services  pursuant  to  section
     4  forty-four  hundred  ten of the education law.  Moneys shall be paid out
     5  of the fund on the audit and warrant of the state  comptroller  pursuant
     6  to such section.
     7    2.  The  comptroller  may  provide such a loan to a special act school
     8  district or approved special education provider defined  in  subdivision
     9  one  of  this  section  upon  receipt of a written agreement between the
    10  school district or provider and the state education department outlining
    11  the need for such loan and the anticipated tuition  payment  or  tuition
    12  reconciliation that will provide reasonable assurances of repayment that
    13  is  satisfactory  to  the comptroller. Such loan shall not bear interest
    14  and repayment of such loan may be made upon receipt of tuition  payments
    15  and reconciliations, pursuant to the written agreement.
    16    3. The state comptroller shall promulgate rules and regulations within
    17  ninety  days  of the effective date of this section for the operation of
    18  the special education provider revolving loan fund which shall  include,
    19  but  not  be  limited  to, the criteria to be used in determining how an
    20  eligible special education provider may receive assistance; a  procedure
    21  and any necessary information that a special education provider needs to
    22  submit  for  a  loan  from the special education provider revolving loan
    23  fund; a schedule for reviewing such applications, not to  exceed  thirty
    24  days,  and  notification  to  an applicant of approval or disapproval of
    25  such application for a loan, and any other requirements deemed necessary
    26  by the state comptroller.
    27    § 3. This act shall take effect immediately.