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NY S07788
Bill
Status
Introduced
5/6/2025
Primary Sponsor
Shelley Mayer
Click for details
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