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A09469 Summary:

BILL NOA09469
 
SAME ASSAME AS S08674
 
SPONSORBenedetto
 
COSPNSR
 
MLTSPNSR
 
Amd 4, Chap 374 of 2014
 
Extends provisions allowing BOCES to enter into private leases for real property.
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A09469 Actions:

BILL NOA09469
 
03/14/2024referred to education
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A09469 Memo:

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.
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A09469 Text:



 
                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
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