Senate Bill S6860

2019-2020 Legislative Session

Permits the West Seneca central school district to establish an insurance reserve fund

download bill text pdf

Sponsored By

Archive: Last Bill Status - Stricken

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

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2019-S6860 (ACTIVE) - Details

Law Section:
General Municipal Law
Laws Affected:
Amd §6-n, Gen Muni L

2019-S6860 (ACTIVE) - Summary

Permits the West Seneca central school district to establish an insurance reserve fund.

2019-S6860 (ACTIVE) - Sponsor Memo

2019-S6860 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6860
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             November 20, 2019
                                ___________
 
 Introduced  by Sen. GALLIVAN -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the general municipal law, in relation to permitting the
   West Seneca 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 318,  321,  325  and
 342 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 Vernon Verona
 Sherrill  central  school  district,  the Minisink Valley 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
 WEST  SENECA  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-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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