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NY S08244
Bill
Status
4/23/2018
Primary Sponsor
Christopher Jacobs
Click for details
AI Summary
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Amends General Municipal Law Section 6-n to permit the Tonawanda city school district to establish an insurance reserve fund in compliance with state law and Article 74 of the Education Law.
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Allows the Tonawanda city school district to make expenditures from the insurance reserve fund for losses, claims, actions, or judgments related to specific types of insurance risks authorized under Insurance Law Section 1113(a)(3).
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Adds Tonawanda city school district to the list of school districts (including Scarsdale, Vernon Verona Sherrill, and Minisink Valley) authorized to establish and maintain insurance reserve funds.
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Takes effect immediately upon enactment.
Legislative Description
Relates to permitting the Tonawanda city school district to establish an insurance reserve fund.
Last Action
COMMITTED TO RULES
6/20/2018