Assembly Bill A10196

Signed By Governor
2015-2016 Legislative Session

Relates to insurance reserve funds of certain school districts

download bill text pdf

Sponsored By

Archive: Last Bill Status - 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

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

2015-A10196 (ACTIVE) - Details

See Senate Version of this Bill:
S7756
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L; add §3653, Ed L

2015-A10196 (ACTIVE) - Summary

Grants the Minisink Valley central school district the authority to establish insurance reserve funds.

2015-A10196 (ACTIVE) - Bill Text download pdf

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

                                  10196

                          I N  A S S E M B L Y

                              May 16, 2016
                               ___________

Introduced  by M. of A. SKOUFIS -- read once and referred to the Commit-
  tee on Local Governments

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
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.