|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Feb 04, 2021||referred to local government|
senate Bill S4452
Current Bill Status - In Senate Committee Local Government Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S4452 (ACTIVE) - Details
S4452 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4452 SPONSOR: GALLIVAN TITLE OF BILL: An act to amend the general municipal law, in relation to permitting the Springville-Griffith institute central school district to establish an insurance reserve fund PURPOSE: To authorize the Springville-Griffith institute central school district to establish an insurance reserve fund, specific to accident and health insurance. SUMMARY OF PROVISIONS: Section one amends the general municipal law governing insurance reserve funds to permit the Springville-Griffith institute central school district to establish such reserve funds.
S4452 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4452 2021-2022 Regular Sessions I N S E N A T E February 4, 2021 ___________ Introduced by Sen. GALLIVAN -- 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 permitting the Springville-Griffith institute 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 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, THE SPRINGVILLE-GRIFFITH INSTITUTE CENTRAL SCHOOL DISTRICT, and the Bingham- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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