Bill Text: NY S03219 | 2021-2022 | General Assembly | Introduced
Bill Title: Transfers up to $100 million dollars from the New York state campaign finance fund to the department of education to provide school aid up to the amount of the pandemic adjustment which reduced school funding.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2022-01-05 - REFERRED TO FINANCE [S03219 Detail]
Download: New_York-2021-S03219-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 3219 2021-2022 Regular Sessions IN SENATE January 28, 2021 ___________ Introduced by Sen. RITCHIE -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to reimbursing school districts for the pandemic adjustment out of moneys in the New York state campaign finance fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 92-t of the state finance law is amended by adding 2 a new subdivision 3-a to read as follows: 3 3-a. Up to one hundred million dollars, or so much thereof as may be 4 available out of any moneys in the fund not attributable to the tax 5 check-off under section six hundred thirty-h of the tax law, may be 6 transferred to the department of education for the purpose of reimburs- 7 ing school districts in an amount up to the pandemic adjustment computed 8 for such school district pursuant to subdivision nineteen of section 9 thirty-six hundred two of the education law. Moneys shall be paid out of 10 the fund by the state comptroller on vouchers certified or approved by 11 the commissioner of education, in the manner prescribed by law. 12 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD06548-01-1
