assembly Bill A2518

Signed By Governor
2019-2020 Legislative Session

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

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Sponsored By

Archive: Last Bill Status Via S1877 - Signed by Governor


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

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Actions

view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 25, 2019 signed chap.551
Nov 19, 2019 delivered to governor
May 06, 2019 returned to senate
passed assembly
ordered to third reading cal.231
substituted for a2518
May 06, 2019 substituted by s1877
May 02, 2019 advanced to third reading cal.231
Apr 30, 2019 reported
Mar 05, 2019 reported referred to ways and means
Jan 23, 2019 referred to education

Votes

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Feb 4, 2019 - Local Government committee Vote

S1877
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: Feb 4, 2019

Co-Sponsors

A2518 (ACTIVE) - Details

See Senate Version of this Bill:
S1877
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2017-2018 Legislative Session:
A8091

A2518 (ACTIVE) - Summary

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

A2518 (ACTIVE) - Bill Text download pdf


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

                                  2518

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                            January 23, 2019
                               ___________

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

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.