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Assembly Bill A9801

2019-2020 Legislative Session

Grants the Carmel central school district the authority to establish insurance reserve funds

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Archive: Last Bill Status - In Assembly Committee

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2019-A9801 (ACTIVE) - Details

See Senate Version of this Bill:
S7131
Current Committee:
Assembly Education
Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L
Versions Introduced in 2021-2022 Legislative Session:
A4494, S4481

2019-A9801 (ACTIVE) - Summary

Grants the Carmel central school district the authority to establish insurance reserve funds.

2019-A9801 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9801
 
                           I N  A S S E M B L Y
 
                             February 13, 2020
                                ___________
 
 Introduced  by M. of A. GALEF -- read once and referred to the Committee
   on Education
 
 AN ACT to amend the general municipal  law,  in  relation  to  insurance
   reserve funds for the Carmel central 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 318, 321, 325,  342,
 499,  509,  510  and  551  of  the  laws  of 2019, 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,
 the  Vernon Verona Sherrill central school district, and the Ithaca city
 school district and the Kenmore-Town  of  Tonawanda  union  free  school
 district,  and  the Bedford central school district and the Grand Island
 central school district and the Tonawanda city school district  and  the
 enlarged  city  school  district  of Middletown and the Frontier central
 school district AND THE CARMEL 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
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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