A351 (2025-26 session)

NY State bill

Provides that for the two thousand twenty-six--two thousand twenty-seven school year, the two thousand twenty-seven--two thousand twenty-eight school year, and the two thousand twenty-eight--two thousand twenty-nine school year, surplus funds as used in this subdivision shall mean any operating funds in excess of five percent of the current school year budget, and shall not include funds properly retained under other sections of law.

Title
Relates to surplus funds
Type
New York State Assembly bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-01-07
In committee
Real Property Taxation
Introduced
2024-12-31
Law section
Real Property Tax Law

Sponsors

Co-sponsors

Heard in committee

Sources