NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A9469
SPONSOR: Benedetto
 
TITLE OF BILL:
An act to amend chapter 374 of the laws of 2014 amending the education
law relating to the leasing of real property by boards of cooperative
educational services, in relation to extending the effectiveness thereof
 
PURPOSE OR GENERAL IDEA OF BILL:
To extend authorization for BOCES to lease with private entities for 20
years till July 1, 2029.
 
SUMMARY OF PROVISIONS:
Section 1 amends 374 of the laws of 2014 amending the education law to
extend the effective date to July 1, 2029.
Section 2 sets forth the effective date.
 
JUSTIFICATION:
Prior to 2014, Boards of Cooperative Educational Services (BOCES) could
only enter into leases with a maximum duration of ten years. Chapter
374 of the laws of 2014 gave BOCES authorization to enter into 20-year
leases with private entities. Longer leases have allowed BOCES to better
plan future projects, save costs, and provide greater efficiencies to
the overall operations of their districts.
This authorization is scheduled to expire on July 1, 2024. This bill
would extend for a further 5 years, until July 1, 2029.
 
PRIOR LEGISLATIVE HISTORY:
New bill in the Senate.
 
FISCAL IMPLICATIONS:
None.
 
EFFECTIVE DATE:
This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
9469
IN ASSEMBLY
March 14, 2024
___________
Introduced by M. of A. BENEDETTO -- read once and referred to the
Committee on Education
AN ACT to amend chapter 374 of the laws of 2014 amending the education
law relating to the leasing of real property by boards of cooperative
educational services, in relation to extending the effectiveness ther-
eof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 4 of chapter 374 of the laws of 2014 amending the
2 education law relating to the leasing of real property by boards of
3 cooperative educational services, as amended by chapter 61 of the laws
4 of 2019, is amended to read as follows:
5 § 4. This act shall take effect immediately, and shall expire and be
6 deemed repealed July 1, [2024] 2029, provided, however, that any
7 contracts entered pursuant to this act shall not be impaired or modified
8 by such expiration and repeal; provided further that the provisions of
9 this act shall only apply to contracts entered into after the effective
10 date of this act.
11 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14662-01-4