Assembly Bill A1677

2015-2016 Legislative Session

Establishes an energy reserve fund for school districts and boards of cooperative educational services

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2015-A1677 (ACTIVE) - Details

See Senate Version of this Bill:
S3642
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd ยง3651, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A961, S6933
2011-2012: A246, S517
2013-2014: A1155, S1092
2017-2018: A151, S545
2019-2020: A530, S3005
2021-2022: A1195, S4062
2023-2024: S7960

2015-A1677 (ACTIVE) - Summary

Establishes an energy reserve fund for school districts and boards of cooperative educational services.

2015-A1677 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1677

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            January 12, 2015
                               ___________

Introduced  by M. of A. CAHILL -- Multi-Sponsored by -- M. of A. BRINDI-
  SI, BUCHWALD, LUPINACCI, MONTESANO, RAIA -- read once and referred  to
  the Committee on Education

AN ACT to amend the education law, in relation to establishing an energy
  reserve  fund  for  school  districts and boards of cooperative educa-
  tional services

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Section  3651 of the education law is amended by adding a
new subdivision 1-c to read as follows:
  1-C.  NOTWITHSTANDING  THE  PROVISIONS  OF  SUBDIVISION  ONE  OF  THIS
SECTION,  ANY  SCHOOL  DISTRICT MAY ESTABLISH AN ENERGY RESERVE FUND FOR
THE PAYMENT OF ENERGY COSTS, WITHOUT APPROVAL BY THE QUALIFIED VOTERS OF
THE DISTRICT. ANY MONIES DEPOSITED TO SUCH ENERGY RESERVE FUND WHICH ARE
NOT EXPENDED FOR THE PAYMENT OF ENERGY COSTS IN THE FISCAL YEAR THAT THE
FUNDS ARE DEPOSITED IN THE ENERGY RESERVE FUND MAY BE EITHER TRANSFERRED
TO ANOTHER RESERVE FUND OR APPLIED TO THE  APPROPRIATIONS  OF  THE  NEXT
SUCCEEDING FISCAL YEAR'S BUDGET.
  S 2. Subdivision 3-a of section 3651 of the education law, as added by
chapter 588 of the laws of 1988, is amended to read as follows:
  3-a.  Notwithstanding  the  provisions  of  subdivision  three of this
section, any school district which establishes a reserve fund in accord-
ance with subdivision one-a OR ONE-C of this section may  make  expendi-
tures  from  such  fund for the purposes specified in such [subdivision]
SUBDIVISIONS without authorization of the voters.
  S 3. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06177-01-5

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