|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jun 06, 2019||returned to assembly|
3rd reading cal.1211
substituted for s948
|Jun 06, 2019||substituted by a505|
ordered to third reading cal.1211
committee discharged and committed to rules
|Jan 09, 2019||referred to local government|
senate Bill S948
Current Bill Status Via A505 - Passed Senate & Assembly
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S948 (ACTIVE) - Details
S948 (ACTIVE) - Sponsor Memo
BILL NUMBER: S948 SPONSOR: O'MARA TITLE OF BILL: An act to amend the general municipal law, in relation to insurance reserve funds of certain school districts PURPOSE OR GENERAL IDEA OF BILL: To provide that in the case of the Ithaca City School District, an insurance reserve fund may be established and such school district may make expenditures from such reserve fund for any loss, claim, action or judgment. for which the school district is authorized or required to purchase or maintain insurance. SUMMARY OF SPECIFIC PROVISIONS: Amends paragraph (a) of subdivision 2 of section 6-n of the general municipal law.
S948 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 948 2019-2020 Regular Sessions I N S E N A T E January 9, 2019 ___________ Introduced by Sen. O'MARA -- 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 certain school districts 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 ITHACA CITY 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 any loss, claim, action or judgment for which the EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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