Limits the reimbursement rate paid by the city school district to a charter school for charter school facilities expansion in a city school district located in a city having a population of one million or more inhabitants by changing "actual rental costs" to "reasonable rental costs"; defines "reasonable rental costs".
Enacts the "Lifeguard incentive and debt assistance (LIDA) act", which provides financial aid assistance to eligible students working as lifeguards during such students' academic career at a college or university in the state of New York; provides a one-time debt relief check to post-graduate students who maintain an active lifeguard certification for four years.
Directs the state board of regents to develop or adopt financial literacy learning standards for students in grades four through eight; provides that all public, charter, and nonpublic high schools shall offer and students at such schools shall successfully complete a course in financial literacy; directs the trustees of the state university of New York, in consultation with faculty, student representatives and subject matter experts, to develop a comprehensive financial literacy course; directs the trustees of the city university of New York, in consultation with faculty, student representatives and subject matter experts, to develop a comprehensive financial literacy course.