senate Bill S6498

2017-2018 Legislative Session

Relates to insurance reserve funds of the Mamaroneck union free school district

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Archive: Last Bill Status - In Senate Committee Rules 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 (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 06, 2017 reported and committed to rules
May 26, 2017 referred to local government

Votes

view votes

Jun 6, 2017 - Local Government committee Vote

S6498
9
0
committee
9
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Local Government committee vote details

Local Government Committee Vote: Jun 6, 2017

aye (9)

S6498 (ACTIVE) - Details

See Assembly Version of this Bill:
A8091
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
A2518

S6498 (ACTIVE) - Summary

Grants the Mamaroneck union free school district and the Minisink Valley central school district the authority to establish insurance reserve funds.

S6498 (ACTIVE) - Sponsor Memo

S6498 (ACTIVE) - Bill Text download pdf 


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

                                  6498

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                              May 26, 2017
                               ___________

Introduced  by  Sen. LATIMER -- 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  insurance
  reserve funds of the Mamaroneck union free school district

  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, THE MAMARONECK
UNION FREE SCHOOL DISTRICT, THE MINISINK VALLEY CENTRAL 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 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 seventy-four of the education law from such reserve fund for

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

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