Do you support this bill?

Senate Bill S10378

2025-2026 Legislative Session

Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Education Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2025-S10378 (ACTIVE) - Details

Current Committee:
Senate Education
Law Section:
Education Law
Laws Affected:
Amd §4204-b, Ed L

2025-S10378 (ACTIVE) - Summary

Authorizes fiscal reserve funds for institutions providing instruction to the deaf and blind beginning in the 2026-2027 school year; provides that an annual report shall be provided to the department by any institution that retains such funds.

2025-S10378 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10378
 
                             I N  S E N A T E
 
                               May 15, 2026
                                ___________
 
 Introduced  by  Sen.  MAYER  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Education
 
 AN ACT to amend the education law, in  relation  to  authorizing  fiscal
   reserve  funds  for institutions providing instruction to the deaf and
   blind
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1. Section 4204-b of the education law is amended by adding a
 new subdivision 5 to read as follows:
   5. FOR THE TWO THOUSAND TWENTY-SIX--TWO THOUSAND  TWENTY-SEVEN  SCHOOL
 YEAR  AND  THEREAFTER,  AN  INSTITUTION SUBJECT TO THIS ARTICLE SHALL BE
 AUTHORIZED TO RETAIN FUNDS IN EXCESS OF THEIR ALLOWABLE AND REIMBURSABLE
 COSTS INCURRED FOR SERVICES AND  PROGRAMS  TO  STUDENTS  APPOINTED.  THE
 AMOUNT  OF  FUNDS  THAT  MAY  BE  ANNUALLY RETAINED SHALL NOT EXCEED ONE
 PERCENT OF THE INSTITUTION'S TOTAL ALLOWABLE AND REIMBURSABLE COSTS  FOR
 SERVICES  AND  PROGRAMS  PROVIDED  TO  STUDENTS FOR THE SCHOOL YEAR FROM
 WHICH THE FUNDS ARE TO BE RETAINED, PROVIDED THAT THE TOTAL  ACCUMULATED
 BALANCE THAT MAY BE RETAINED SHALL NOT EXCEED FOUR PERCENT OF SUCH TOTAL
 COSTS  FOR SUCH SCHOOL YEAR AND PROVIDED, FURTHER, THAT SUCH FUNDS SHALL
 NOT BE RECOVERABLE  ON  RECONCILIATION,  SUCH  FUNDS  SHALL  BE  CARRIED
 FORWARD  AS  TOTAL REIMBURSABLE COSTS FOR PURPOSES OF CALCULATING SUBSE-
 QUENT YEAR PROSPECTIVE AND RECONCILIATION TUITION RATES AND  SUCH  FUNDS
 SHALL  BE  SEPARATE  FROM  AND IN ADDITION TO ANY OTHER AUTHORIZATION TO
 RETAIN SURPLUS FUNDS ON RECONCILIATION. FUNDS  SHALL  BE  EXPENDED  ONLY
 PURSUANT  TO  AN AUTHORIZATION OF THE GOVERNING BOARD OF THE INSTITUTION
 FOR A PURPOSE EXPRESSLY AUTHORIZED AS PART OF ALLOWABLE  COSTS  FOR  THE
 YEAR  IN  WHICH THE FUNDS ARE TO BE EXPENDED, PROVIDED THAT FUNDS MAY BE
 EXPENDED TO PAY PRIOR  YEAR  OUTSTANDING  DEBTS.  ANY  INSTITUTION  THAT
 RETAINS FUNDS PURSUANT TO THIS SUBDIVISION SHALL BE REQUIRED TO ANNUALLY
 REPORT  A  STATEMENT  OF  THE  TOTAL BALANCE OF SUCH RETAINED FUNDS, THE
 AMOUNT, IF ANY, RETAINED IN THE PRIOR SCHOOL YEAR, THE AMOUNT,  IF  ANY,
 DISPERSED  IN  THE PRIOR SCHOOL YEAR, AND THE FINANCIAL REPORTS THAT ARE
 REQUIRED TO BE ANNUALLY SUBMITTED TO THE DEPARTMENT.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.