N.Y. Education Law § 3609-h: Moneys apportioned to school districts for commercial gaming grants pursuant to subdivision six of section ninety-seven-nnnn of the state...

§ 3609-h. Moneys apportioned to school districts for commercial gaming

grants pursuant to subdivision six of section ninety-seven-nnnn of the

state finance law, when and how payable commencing July first, two

thousand fourteen. Notwithstanding the provisions of section thirty-six

hundred nine-a of this part, apportionments payable pursuant to

subdivision six of section ninety-seven-nnnn of the state finance law

shall be paid pursuant to this section. The definitions of "base year"

and "current year" as set forth in subdivision one of section thirty-six

hundred two of this part shall apply to this section.

1. The moneys apportioned by the commissioner to school districts

pursuant to subdivision six of section ninety-seven-nnnn of the state

finance law for the two thousand fourteen-two thousand fifteen school

year and thereafter shall be paid as a commercial gaming grant, as

computed pursuant to such subdivision, as follows:

a. For the two thousand fourteen--two thousand fifteen school year,

one hundred percent of such grant shall be paid on the same date as the

payment computed pursuant to clause (v) of subparagraph three of

paragraph b of subdivision one of section thirty-six hundred nine-a of

this article.

b. For the two thousand fifteen--two thousand sixteen school year

through the two thousand eighteen--two thousand nineteen school year,

seventy percent of such grant shall be paid on the same date as the

payment computed pursuant to clause (ii) of subparagraph three of

paragraph b of subdivision one of section thirty-six hundred nine-a of

this article, and thirty percent of such grant shall be paid on the same

date as the payment computed pursuant to clause (v) of subparagraph

three of paragraph b of subdivision one of section thirty-six hundred

nine-a of this article.

c. For the two thousand nineteen--two thousand twenty school year and

thereafter, one hundred percent of such grant shall be paid on the same

date as the payment computed pursuant to clause (ii) of subparagraph

three of paragraph b of subdivision one of section thirty-six hundred

nine-a of this article.

2. Any payment to a school district pursuant to this section shall be

general receipts of the district and may be used for any lawful purpose

of the district.