Loading chat...

NY S07131

Bill

Official Source

Status

Engrossed

7/22/2020

Primary Sponsor

Peter Harckham

Click for details

Origin

Senate

2019-2020 General Assembly

AI Summary

  • Amends General Municipal Law Section 6-n to add Carmel central school district to the list of school districts authorized to establish insurance reserve funds

  • Allows Carmel central school district to make expenditures from insurance reserve funds for losses, claims, actions, or judgments related to authorized insurance risks under Insurance Law Section 1113(a)(3)

  • Carmel central school district must comply with General Municipal Law Section 6-n and Education Law Article 74 when establishing and using insurance reserve funds

  • Takes effect immediately upon enactment

Legislative Description

Grants the Carmel central school district the authority to establish insurance reserve funds.

Last Action

referred to education

7/22/2020

Committee Referrals

Education7/22/2020
Rules7/20/2020
Local Government1/8/2020

Full Bill Text

No bill text available