Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Nov 04, 2016 |
signed chap.416 |
Oct 26, 2016 |
delivered to governor |
Jun 16, 2016 |
returned to assembly passed senate 3rd reading cal.1944 substituted for s7756 |
Jun 16, 2016 |
substituted by a10196 ordered to third reading cal.1944 committee discharged and committed to rules |
May 12, 2016 |
referred to local government |
Senate Bill S7756
Signed By Governor2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status Via A10196 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2015-S7756 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10196
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §6-n, Gen Muni L; add §3653, Ed L
2015-S7756 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7756 TITLE OF BILL : An act to amend the general municipal law and the education law, in relation to insurance reserve funds of certain school districts PURPOSE OR GENERAL IDEA OF BILL : The bill allows the Minisink Valley School District to maintain such a reserve fund and make expenditures from such reserve fund for any loss, claim, action or judgment for which such school district is authorized or required to purchase or maintain insurance. SUMMARY OF SPECIFIC PROVISIONS : Section 1: Amends paragraph (a) of subdivision 2 of section 6-n of the General Municipal law to authorize the Minisink Valley Central School District to create an insurance reserve fund, and such school district may make expenditures from such reserve fund for any loss, claim, action or judgment in relation to health insurance costs. Section 2: Amends the Education law by adding a new section 3653 which outlines the procedures a school district must follow if they are establishing an health insurance reserve fund.
2015-S7756 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7756 I N S E N A T E May 12, 2016 ___________ Introduced by Sen. BONACIC -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law and the education law, in relation to insurance reserve funds of certain school districts THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 2 of section 6-n of the gener- al municipal law, as amended by chapter 433 of the laws of 2014, is amended to read as follows: (a) The governing board of any municipal corporation may establish a reserve fund to be known as the insurance reserve fund. Upon the creation of the fund, the municipality may make expenditures from the fund for any loss, claim, action or judgment for which the municipal corporation is authorized or required to purchase or maintain insurance, except those kinds of risks for which insurance is authorized pursuant to paragraph one, two, three, fifteen, sixteen, seventeen, eighteen, twenty-two or twenty-three of subsection (a) of section one thousand one hundred thirteen of the insurance law, or for payments in lieu of contributions under article eighteen of the labor law; provided however, that no municipality shall make an expenditure from such fund for any loss, claim, action or judgment for which the municipal corporation has established a reserve fund under any other provision of law; provided, further that [in the case of] the Scarsdale union free school district[, an insurance reserve fund may be established] AND THE MINISINK VALLEY CENTRAL SCHOOL DISTRICT MAY ESTABLISH INSURANCE RESERVE FUNDS IN COMPLI- ANCE WITH THIS SECTION AND ARTICLE SEVENTY-FOUR OF THE EDUCATION LAW and such school [district] DISTRICTS may make expenditures IN COMPLIANCE WITH THIS SECTION AND ARTICLE SEVENTY-FOUR OF THE EDUCATION LAW from such reserve fund for any loss, claim, action or judgment for which the school [district is] DISTRICTS ARE authorized or required to purchase or maintain insurance for the kinds of risks for which insurance is author- ized pursuant to paragraph three of subsection (a) of section one thou- sand one hundred thirteen of the insurance law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15434-01-6
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