NY A10065

Authorizes the New York Liquidation Bureau to create a reimbursement program for public school districts and BOCES facing financial liabilities from Child Victims Act civil claims when their liability insurer has become insolvent

Excludes New York City educational entities from eligibility, as they operate under separate funding structures

Requires eligible local educational agencies to document that the incident occurred during the policy period, provide evidence of financial liability, and certify no other insurance or indemnification source is available

Funds reimbursements primarily from insolvent insurer estate assets, with secondary mechanisms including reinsurer recoveries, subrogation, interest earnings, residual balances from closed estates, and voluntary industry contributions

Prioritizes reimbursements for school districts demonstrating significant financial hardship, with criteria established in consultation with the Education Department; takes effect 120 days after becoming law