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Assembly Bill A11065

2017-2018 Legislative Session

Relates to permitting the Orchard Park central school district to establish an insurance reserve fund

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Archive: Last Bill Status - In Assembly Committee

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2017-A11065 (ACTIVE) - Details

See Senate Version of this Bill:
S8779
Current Committee:
Assembly Education
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
A7546, S1734

2017-A11065 (ACTIVE) - Summary

Authorizes the Orchard Park central school district to establish an insurance reserve fund.

2017-A11065 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   11065
 
                           I N  A S S E M B L Y
 
                               June 1, 2018
                                ___________
 
 Introduced  by  COMMITTEE  ON RULES -- (at request of M. of A. Bohen) --
   read once and referred to the Committee on Education
 
 AN ACT to amend the general municipal law, in relation to permitting the
   Orchard Park central school district to establish an insurance reserve
   fund
 
   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 separately amended by chapters 414 and 416 of the
 laws of 2016, 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 the Scarsdale union free school district [and], the  Vernon
 Verona Sherrill central school district [may establish insurance reserve
 funds  in  compliance  with this section and article seventy-four of the
 education law and], the Minisink Valley central school district AND  THE
 ORCHARD  PARK  CENTRAL  SCHOOL  DISTRICT may establish insurance reserve
 funds in compliance with this section and article  seventy-four  of  the
 education law and such school districts may make expenditures in compli-
 ance  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 districts are authorized or required to purchase or  maintain
 insurance  for  the  kinds  of  risks  for which insurance is authorized
 pursuant to paragraph three of subsection (a) of  section  one  thousand
 one hundred thirteen of the insurance law.

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