A 7480: Grants a special apportionment to school districts having a population of between 195,000 and 219,000, for additional expenses incurred in the 2023-2024 and 2024-2025 school years associated with changes in public pension liabilities.

  
  STATE OF NEW YORK ________________________________________________________________________ 7480 2025-2026 Regular Sessions  IN ASSEMBLY March 28, 2025 ___________ Introduced by M. of A. PRETLOW -- read once and referred to the Commit- tee on Education AN ACT to amend part M of chapter 57 of the laws of 2005, amending the education law relating to providing for school budget revote, in relation to a special apportionment for public pension accruals The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subdivision a of section 10 of part M of chapter 57 of the 2 laws of 2005, amending the education law relating to providing for 3 school budget revote, is amended to read as follows: 4 a. Notwithstanding any other provision of law, (1) upon application 5 to the commissioner of education, not later than June 30, 2005, a school 6 district eligible for an apportionment pursuant to section 3602 of the 7 education law shall be eligible to receive an apportionment pursuant to 8 this section, for the school year ending June 30, 2005, and such appor- 9 tionment shall not exceed the additional accruals required to be made by 10 school districts in the 2004-2005 school year associated with changes in 11 accounting methodologies for liabilities for employer and employee 12 contributions due and payable to a public retirement system, and (2) 13 upon application to the commissioner of education, not later than June 14 30, 2006, a school district eligible for an apportionment pursuant to 15 section 3602 of the education law shall be eligible to receive an appor- 16 tionment pursuant to this section, for the school year ending June 30, 17 2006, and such apportionment shall not exceed the additional accruals 18 required to be made by school districts in the 2004-05 or 2005-06 19 school years associated with changes in accounting methodologies for 20 such public pension liabilities and/or (3) for school districts with a 21 population in excess of one hundred ninety-five thousand inhabitants and 22 less than two hundred nineteen thousand inhabitants according to the 23 latest federal census, upon application to the commissioner of educa- 24 tion, not later than June 30, 2025, a school district eligible for an EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10710-01-5 
 A. 7480 2 1 apportionment pursuant to section 3602 of the education law shall be 2 eligible to receive an apportionment pursuant to this section, for the 3 school year ending June 30, 2025, and such apportionment shall not 4 exceed the additional accruals required to be made by such district in 5 both the 2023-2024 and 2024-2025 school years associated with changes in 6 public pension liabilities. The amount of such additional accrual shall 7 be certified to the commissioner of education by the president of the 8 board of education or the trustees or, in the case of a city school 9 district in a city with a population in excess of one hundred twenty- 10 five thousand inhabitants, the mayor of such city. Such application 11 shall be made by a school district, after the board of education or 12 trustees have adopted a resolution to do so and in the case of a city 13 school district in a city with a population in excess of one hundred 14 twenty-five thousand inhabitants, with the approval of the mayor of such 15 city. 16 § 2. This act shall take effect April 1, 2025; provided that if this 17 act shall become a law after such date, it shall take effect immediately 18 and shall be deemed to have been in full force and effect on and after 19 such date.