NYC Council Introduction 957

intro.nyc/0957-2023 2022-2023 Legislative Session
Creation of a revolving loan fund to support students with disabilities.
Status: Filed (End of Session) Committee on Education
Sponsored by Justin L. Brannan
Introduced: March 16, 2023

This bill would require the Department of Education (DOE) to establish a revolving loan fund to provide loans to eligible private schools supporting students with disabilities that are awaiting the issuance of a payment pursuant to a written settlement agreement or an order issued pursuant to an impartial due process hearing. The loans would be for a term of two-years and no interest would be charged so long as the loans are repaid in a timely manner.

Sponsors: 13