How A10673 changes current law

Compared against the New York Consolidated Laws as published AI-generated reading aid — verify against the official bill.

This bill amends 1 section(s) of the New York Consolidated Laws: Section 1950 of the education law.

• Section 1950 of the education law

  ten for leases entered into with public entities and twenty years for leas- es entered into with non-public entities but nothing → twenty italics , except when such lease is established in accordance with subparagraph (a) of paragraph p of subdivision four of section nineteen hundred fifty of this chapter, such lease term shall not exceed twenty years , provided however that property leased in accordance with subparagraph (a) of paragraph p of subdivision four of section nineteen hundred fifty of this chapter may exceed a period of ten years Provided however, leases established in accordance with subparagraph (a) of paragraph p of subdi- vision four of section nineteen hundred fifty of this chapter may exceed a period of ten years without voter approval by referendum; such leases shall not exceed a period of twenty years. , unless the lease is established in accordance with subparagraph (a) of paragraph p of subdi- vision four of section nineteen hundred fifty of the education law in which case, such lease term shall not exceed twenty years. Nothing

  amended