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NY S01734

Bill

Official Source

Status

Engrossed

6/4/2019

Primary Sponsor

Christopher Jacobs

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Amends General Municipal Law Section 6-n to permit the Orchard Park central school district to establish an insurance reserve fund
  • Allows the Orchard Park central school district to make expenditures from the fund for losses, claims, actions, or judgments related to specific insurance risks authorized under Insurance Law Section 1113(a)(3)
  • Adds Orchard Park central school district to the list of school districts permitted to establish insurance reserve funds in compliance with General Municipal Law and Education Law Article 74 (existing districts: Scarsdale union free school district, Vernon Verona Sherrill central school district, and Minisink Valley central school district)
  • Takes effect immediately upon enactment

Legislative Description

Authorizes the Orchard Park central school district to establish an insurance reserve fund.

Last Action

RECOMMIT, ENACTING CLAUSE STRICKEN

8/11/2020

Committee Referrals

Rules7/20/2020
Local Government1/8/2020
Rules6/4/2019
Local Government1/16/2019

Full Bill Text

No bill text available