A 2488 New York Assembly · 2025 Regular Session

Enacts the "rebuild our schools act"

This bill creates a new funding formula to help high-need school districts in specific counties address capacity shortages (like overcrowded classrooms). It directly affects districts with populations between 940,000-1 million residents (per 2010 census) that have voter-approved building projects since July 2021. The key mechanism replaces standard funding calculations with a special "high-need secondary supplemental building aid ratio," which boosts aid based on existing rates but caps it at a calculated maximum. This ensures districts with at least 10% capacity shortages receive enhanced funding for construction or repairs.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025 Last action Jan 7, 2026