Bill A6020-2015

Prohibits the percentage of disbursements from the state lottery fund that goes towards education aid from falling below 45.15%

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

Details

Actions

  • Mar 10, 2015: referred to ways and means

Text

STATE OF NEW YORK ________________________________________________________________________ 6020 2015-2016 Regular Sessions IN ASSEMBLY March 10, 2015 ___________
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: Section 1. The opening paragraph of paragraph b of subdivision 4 of section 92-c of the state finance law, as added by chapter 71 of the laws of 1977, is amended to read as follows: Each eligible school district and state supported school for the deaf and blind as defined in section forty-two hundred one of the education law shall compute their entitlement pursuant to the following provisions, PROVIDED THAT THE TOTAL PERCENTAGE OF REVENUE DISBURSED PURSUANT TO THIS SECTION TO SUPPORT EDUCATION AID SHALL NOT FALL BELOW 45.15 PERCENT: S2. This act shall take effect immediately.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Comment moderation is generally performed Monday through Friday.

By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Discuss!

blog comments powered by Disqus