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NY A11176
Bill
Status
Introduced
6/12/2018
Primary Sponsor
Angelo Morinello
Click for details
AI Summary
- Amends General Municipal Law Section 6-n to permit the Grand Island central school district to establish an insurance reserve fund
- Allows the Grand Island central school district to make expenditures from the fund for losses, claims, actions, or judgments covered by insurance authorized under paragraph three of Section 1113 of the Insurance Law
- Adds Grand Island central school district to existing list of school districts (Scarsdale union free school district, Vernon Verona Sherrill central school district, and Minisink Valley central school district) authorized to establish such funds in compliance with Education Law Article 74
- Prohibits expenditures from the insurance reserve fund for losses already covered by other reserve funds established under law
- Takes effect immediately upon enactment
Legislative Description
Authorizes the Grand Island central school district to establish an insurance reserve fund.
Last Action
reported referred to rules
6/19/2018
Committee Referrals
Rules6/19/2018
Ways and Means6/18/2018
Education6/12/2018
Full Bill Text
No bill text available