|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jul 16, 2021||signed chap.290|
|Jul 12, 2021||delivered to governor|
|May 10, 2021||returned to senate|
ordered to third reading cal.313
substituted for a4494
|Apr 19, 2021||referred to education|
delivered to assembly
|Mar 18, 2021||advanced to third reading|
|Mar 17, 2021||2nd report cal.|
|Mar 16, 2021||1st report cal.560|
|Feb 05, 2021||referred to local government|
senate Bill S4481Signed By Governor
Current Bill Status - Signed by Governor
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
S4481 (ACTIVE) - Details
S4481 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4481 SPONSOR: HARCKHAM TITLE OF BILL: An act to amend the general municipal law, in relation to insurance reserve funds for the Carmel central school district PURPOSE: The purpose of this bill is to grant the Carmel central school district the authority to establish insurance reserve funds SUMMARY OF PROVISIONS: Section 1 Amends paragraph (a) of subdivision 2 of section 6-n of the general municipal law by providing the Carmel central school district the ability to establish an insurance reserve fund. Section 2 states effective date.
S4481 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4481 2021-2022 Regular Sessions I N S E N A T E February 5, 2021 ___________ Introduced by Sen. HARCKHAM -- 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 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 amended by chapter 246 of the laws of 2020, 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, the Ithaca city school district, the Kenmore-Town of Tonawanda union free school district, the Bedford central school district, the Grand Island central school district, the Tonawanda city school district, the enlarged city school district of Middletown, the Frontier central school district, and the Binghamton city school district AND THE CARMEL CENTRAL SCHOOL DISTRICT may establish insurance reserve funds in compliance with this EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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