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NY A07413

Bill

Status

Introduced

5/19/2023

Primary Sponsor

John Lemondes

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends General Municipal Law Section 6-n to add the Auburn enlarged city school district to the list of school districts permitted to establish an insurance reserve fund

  • Allows the Auburn enlarged city school district to make expenditures from the insurance reserve fund for losses, claims, actions, or judgments related to authorized insurance coverage

  • Permits expenditures specifically for risks covered under paragraph three of subsection (a) of Section 1113 of the Insurance Law

  • Takes effect immediately upon enactment

Legislative Description

Permits the Auburn enlarged city school district to establish an insurance reserve fund.

Last Action

substituted by s6667

6/21/2023

Committee Referrals

Rules6/21/2023
Ways and Means6/20/2023
Education5/19/2023

Full Bill Text

No bill text available