Assembly Bill A3665

2017-2018 Legislative Session

Requires day care providers to escrow security deposits exceeding the value of two weeks of provided services

download bill text pdf

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Archive: Last Bill Status - In Assembly Committee


  • 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

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2017-A3665 (ACTIVE) - Details

See other versions of this Bill:
A950 ,
S3733 ,
Current Committee:
Assembly Children And Families
Law Section:
Social Services Law
Laws Affected:
Add §390-k, Soc Serv L
Versions Introduced in Other Legislative Sessions:
2015-2016: A9201
2019-2020: A1496

2017-A3665 (ACTIVE) - Summary

Requires day care providers to escrow security deposits in excess of the value of two weeks of provided services.

2017-A3665 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3665
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 30, 2017
                                ___________
 
 Introduced  by  M.  of  A.  RICHARDSON  -- read once and referred to the
   Committee on Children and Families
 
 AN ACT to amend the social services law, in relation to security  depos-
   its collected by child day care providers
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. The social services law is amended by adding a new  section
 390-k to read as follows:
   § 390-K. REQUIRING CHILD DAY CARE PROVIDERS TO ESCROW CERTAIN SECURITY
 DEPOSITS.   1. CHILD DAY CARE PROVIDERS, LICENSED OR REGISTERED PURSUANT
 TO THIS TITLE, THAT COLLECT ADVANCE SECURITY DEPOSITS OF  AN  AMOUNT  IN
 EXCESS  OF,  BUT  NOT  EQUAL  TO,  THE  FEE  FOR TWO WEEKS OF CHILD CARE
 SERVICES ARE REQUIRED TO DEPOSIT THE DIFFERENCE BETWEEN THE FEE FOR  TWO
 WEEKS  OF SERVICES AND THE TOTAL AMOUNT OF THE REQUIRED SECURITY DEPOSIT
 INTO AN ESCROW ACCOUNT WHICH SHALL NOT  BE  MINGLED  WITH  THE  PERSONAL
 MONIES OR BECOME AN ASSET OF THE DAY CARE PROVIDER.
   2.  THE  CHILD  DAY CARE PROVIDER MUST COMPLY WITH THE REQUIREMENTS OF
 SUBDIVISION ONE OF THIS SECTION AND, PRIOR TO TERMINATION OF SERVICES BY
 THE CHILD'S PARENT OR GUARDIAN MUST:
   (A) PROVIDE CHILD CARE SERVICES EQUAL TO THE AMOUNT OF TIME COVERED BY
 THE TOTAL AMOUNT OF THE SECURITY DEPOSIT; OR
   (B) RETURN THE EXCESS SECURITY DEPOSIT PLUS ACCRUED INTEREST; OR
   (C) RETURN THE TOTAL AMOUNT  OF  THE  SECURITY  DEPOSIT  PLUS  ACCRUED
 INTEREST ON THE EXCESS SECURITY DEPOSIT.
   §  2.  This  act  shall take effect on the sixtieth day after it shall
 have become a law.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05592-02-7



              

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