senate Bill S8779

2017-2018 Legislative Session

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

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Local Government Committee


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

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
May 16, 2018 referred to local government

S8779 (ACTIVE) - Details

See Assembly Version of this Bill:
A11065
Current Committee:
Senate Local Government
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
S1734, A7546

S8779 (ACTIVE) - Summary

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

S8779 (ACTIVE) - Sponsor Memo

S8779 (ACTIVE) - Bill Text download pdf


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

                                  8779

                            I N  S E N A T E

                              May 16, 2018
                               ___________

Introduced  by  Sen.  JACOBS -- 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, 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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