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NY S01737
Bill
Status
1/16/2019
Primary Sponsor
Christopher Jacobs
Click for details
AI Summary
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Amends General Municipal Law Section 6-n to allow five additional school districts to establish insurance reserve funds: Grand Island central school district, Tonawanda central school district, Kenmore Tonawanda union free school district, Frontier central school district, and Orchard Park central school district.
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Permits these five school districts to make expenditures from insurance reserve funds for losses, claims, actions, or judgments related to risks authorized under paragraph three of subsection (a) of Insurance Law Section 1113.
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Requires the five school districts to comply with General Municipal Law Section 6-n and Education Law Article 74 when establishing and operating their insurance reserve funds.
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Takes effect immediately upon enactment.
Legislative Description
Allows the Grand Island central school district, the Tonawanda central school district, the Kenmore Tonawanda union free school district, the Frontier central school district, and the Orchard Park central school district to establish insurance reserve funds.
Last Action
RECOMMIT, ENACTING CLAUSE STRICKEN
8/11/2020