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NY S07788

Bill

Status

Introduced

5/6/2025

Primary Sponsor

Shelley Mayer

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Authorizes any school district in New York to establish a reserve fund specifically for unanticipated costs of providing special education to students with disabilities
  • Caps the reserve fund at 4% of the district's current school year budget
  • Requires a majority vote of qualified district voters to establish the reserve fund
  • Allows school districts to make expenditures from the special education reserve fund without additional voter authorization once established
  • Takes effect on July 1st following enactment

Legislative Description

Permits the establishment of reserve funds for unanticipated costs relating to special education, provided that the amount in such fund shall not exceed four percent of the district's current school year budget.

Last Action

REFERRED TO EDUCATION

1/7/2026

Committee Referrals

Education1/7/2026
Rules6/13/2025
Education5/6/2025

Full Bill Text

No bill text available