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NY A10380

Bill

Official Source

Status

Engrossed

6/20/2018

Primary Sponsor

Robin Schimminger

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends General Municipal Law Section 6-n to add the Tonawanda city school district to the list of school districts permitted to establish an insurance reserve fund
  • Allows the Tonawanda city school district to make expenditures from the reserve fund for losses, claims, actions, or judgments related to insurable risks under Insurance Law Section 1113(a)(3)
  • Aligns the Tonawanda city school district's authority with existing provisions for the Scarsdale Union Free School District, Vernon Verona Sherrill Central School District, and Minisink Valley Central School District
  • Reserve fund expenditures must comply with General Municipal Law Section 6-n and Education Law Article 74
  • Takes effect immediately upon enactment

Legislative Description

Relates to permitting the Tonawanda city school district to establish an insurance reserve fund.

Last Action

REFERRED TO RULES

6/20/2018

Committee Referrals

Rules6/20/2018
Rules6/7/2018
Ways and Means6/6/2018
Education4/18/2018

Full Bill Text

No bill text available