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NY S06667
Bill
Status
Passed
10/25/2023
Primary Sponsor
Rachel May
Click for details
AI Summary
- Amends General Municipal Law Section 6-n to add the Auburn enlarged city school district to the list of school districts authorized to establish an insurance reserve fund
- Allows the Auburn enlarged city school district to make expenditures from the reserve fund for losses, claims, actions, or judgments related to risks covered by insurance under paragraph three of Insurance Law Section 1113(a)
- Permits the school district to establish and manage the insurance reserve fund in compliance with General Municipal Law Section 6-n and Education Law Article 74
- Takes effect immediately upon enactment
Legislative Description
Permits the Auburn enlarged city school district to establish an insurance reserve fund.
Last Action
SIGNED CHAP.598
10/25/2023
Committee Referrals
Education6/8/2023
Cities 25/16/2023
Local Government5/4/2023
Full Bill Text
No bill text available