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Assembly Bill A5008

2021-2022 Legislative Session

Adds a school business official to the Teachers' Retirement System (TRS) Board

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Archive: Last Bill Status - In Assembly Committee

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2021-A5008 (ACTIVE) - Details

Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §504, Ed L
Versions Introduced in Other Legislative Sessions:
2019-2020: A7590
2023-2024: A1083
2025-2026: A469

2021-A5008 (ACTIVE) - Summary

Adds a school business official to the Teachers' Retirement System (TRS) Board.

2021-A5008 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5008
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 10, 2021
                                ___________
 
 Introduced  by  M.  of  A.  PAULIN,  BARRON,  McDONOUGH, WALCZYK, GALEF,
   SAYEGH, GUNTHER, DeSTEFANO, ASHBY, NORRIS, PICHARDO -- read  once  and
   referred to the Committee on Education
 
 AN  ACT to amend the education law, in relation to adding a school busi-
   ness official to the Teachers' Retirement System (TRS) Board

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  opening paragraph of subdivision 2 of section 504 of
 the education law, as amended by chapter 873 of the  laws  of  1984,  is
 amended and a new paragraph g is added to read as follows:
   The retirement board shall consist of [ten] ELEVEN members as follows.
   G. ONE MEMBER, WHO CURRENTLY WORKS AS A DULY APPOINTED SCHOOL BUSINESS
 OFFICIAL,  WHO  IS  ELECTED BY THE BOARD OF REGENTS OF THE UNIVERSITY OF
 THE STATE OF NEW YORK TO SERVE FOR A TERM OF THREE YEARS, FROM A LIST OF
 FIVE OR MORE PERSONS HAVING BROAD EXPERIENCE AND ABILITY IN THE FIELD OF
 SCHOOL FINANCE TO BE PRESENTED TO THE REGENTS BY THE BOARD OF  DIRECTORS
 OF THE ASSOCIATION OF SCHOOL BUSINESS OFFICIALS OF NEW YORK.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02070-01-1

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