senate Bill S986

2013-2014 Legislative Session

Authorizes the board of cooperative educational services of Nassau county to maintain funds in an employee benefit accrued liability reserve fund

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Sponsored By

Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (10)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to local government
returned to senate
died in assembly
Apr 15, 2013 referred to education
delivered to assembly
passed senate
Feb 12, 2013 advanced to third reading
Feb 11, 2013 2nd report cal.
Feb 05, 2013 1st report cal.44
Jan 09, 2013 referred to local government

Votes

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S986 - Details

See Assembly Version of this Bill:
A813
Current Committee:
Law Section:
Nassau County
Versions Introduced in 2011-2012 Legislative Session:
S6622, A9743

S986 - Summary

Authorizes the board of cooperative educational services of Nassau county to maintain funds in an employee benefit accrued liability reserve fund.

S986 - Sponsor Memo

S986 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   986

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. MARTINS -- read twice and ordered printed, and when
  printed to be committed to the Committee on Local Government

AN ACT in relation to authorizing the board of  cooperative  educational
  services  of  Nassau  County  to maintain funds in an employee benefit
  accrued liability reserve fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Notwithstanding any other provision of law to the contra-
ry, the board of cooperative educational services of  Nassau  county  is
hereby  authorized  to  maintain  funds  in  an employee benefit accrued
liability reserve fund created pursuant to the provisions of section 6-p
of the general municipal law which are in excess of the  sum  sufficient
to  pay  all liabilities incurred or accrued against it for the purposes
authorized pursuant  to  section  6-p  of  the  general  municipal  law.
Notwithstanding  any other provision of law to the contrary, such excess
funds may be retained and expended for the payment of other post-employ-
ment benefits, except pensions or other benefits funded through a public
retirement system, provided pursuant to state statute, local  enactment,
contract  or  other  unlawful authority to former or current officers or
employees or their families or beneficiaries after service at the  board
of  cooperative  educational  services  of  Nassau county has ended such
post-employment benefits shall include but not be limited to health care
benefits.
  The chief fiscal officer  of  the  board  of  cooperative  educational
services  of  Nassau county shall account for such excess funds retained
pursuant to this act separate and apart from all other funds retained in
the employee benefit accrued liability  reserve  fund.  Such  accounting
shall  show:  the  source, the date and amount of each sum paid into the
employee benefit accrued liability reserve fund  which  were  excess  of
liabilities  needed  to  fulfill  the  provisions  of section 6-p of the

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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