assembly Bill A8738A

2017-2018 Legislative Session

Relates to insurance reserve funds of certain school districts

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Archive: Last Bill Status - Passed Assembly


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

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Actions

view actions (12)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 20, 2018 referred to rules
delivered to senate
passed assembly
ordered to third reading rules cal.448
rules report cal.448
reported
Jun 11, 2018 reported referred to rules
Jun 06, 2018 reported referred to ways and means
Apr 24, 2018 print number 8738a
Apr 24, 2018 amend and recommit to education
Jan 03, 2018 referred to education
Oct 20, 2017 referred to education

A8738 - Details

See Senate Version of this Bill:
S7055
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
A505, S948

A8738 - Summary

Allows the Ithaca city school district to establish insurance reserve funds.

A8738 - Bill Text download pdf


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

                                  8738

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            October 20, 2017
                               ___________

Introduced by M. of A. LIFTON -- read once and referred to the Committee
  on Education

AN  ACT  to  amend  the  general municipal 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 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 may estab-
lish insurance reserve funds in compliance with this section and article
seventy-four  of  the  education law and THE ITHACA CITY 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 compliance with this section and article seven-

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

A8738A (ACTIVE) - Details

See Senate Version of this Bill:
S7055
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
A505, S948

A8738A (ACTIVE) - Summary

Allows the Ithaca city school district to establish insurance reserve funds.

A8738A (ACTIVE) - Bill Text download pdf


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

                                 8738--A

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                            October 20, 2017
                               ___________

Introduced by M. of A. LIFTON -- read once and referred to the Committee
  on  Education  -- recommitted to the Committee on Education in accord-
  ance with Assembly Rule  3,  sec.  2  --  committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the general municipal  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 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
ITHACA CITY SCHOOL DISTRICT may establish  insurance  reserve  funds  in
compliance  with  this section and article seventy-four of the education

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