NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A8720
SPONSOR: Hennessey
 
TITLE OF BILL: An act to repeal subdivision 17 of section 3602 of the
education law relating to eliminating the gap elimination adjustment
 
PURPOSE OR GENERAL IDEA OF BILL: This bill would eliminate the GEA
rate for 2014-15 and thereafter and provide school districts with the
full amount of aid generated by all existing budget funding formulas
 
SUMMARY OF SPECIFIC PROVISIONS: Amends education law, eliminating the
GEA for 2014-15 and thereafter and provides school districts with the
full amount of aid generated by all existing budget funding formulas.
 
JUSTIFICATION: The GEA was introduced in New York State in 2009-10
under the name of the Deficit Reduction Assessment to partially reduce
the state's $10 billion budget deficits. In 2011-12 it was used to enact
a $2.56 billion statewide cut in school aid. Over the past three years
the GEA has been used to reduce state aid to school districts by $6.35
billion. The GEA has unfairly burdened school districts and taxpayers
throughout the state, increasing the dependence on local property taxes
and taxpayers to fund our schools.
 
PRIOR LEGISLATIVE HISTORY: New Bill
 
FISCAL IMPLICATIONS: Undetermined.
 
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
8720
IN ASSEMBLY
February 5, 2014
___________
Introduced by M. of A. HENNESSEY, ENGLEBRIGHT, RAMOS, LAVINE -- read
once and referred to the Committee on Education
AN ACT to repeal subdivision 17 of section 3602 of the education law
relating to eliminating the gap elimination adjustment
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 17 of section 3602 of the education law is
2 REPEALED.
3 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13736-02-4