Senate Bill S515

2017-2018 Legislative Session

Authorizes boards of cooperative educational services to establish workers' compensation reserve funds

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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2017-S515 (ACTIVE) - Details

See Assembly Version of this Bill:
A3823
Current Committee:
Assembly Local Governments
Law Section:
General Municipal Law
Laws Affected:
Amd §6-j, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2011-2012: S6164, A9846
2013-2014: S2619, A5542
2015-2016: S3017, A4769
2019-2020: S1064, S7783
2021-2022: S1964

2017-S515 (ACTIVE) - Summary

Authorizes boards of cooperative educational services to establish workers' compensation reserve funds.

2017-S515 (ACTIVE) - Sponsor Memo

2017-S515 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    515
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                                (PREFILED)
 
                              January 4, 2017
                                ___________
 
 Introduced  by  Sens. YOUNG, CARLUCCI, VALESKY -- 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 authorizing
   boards of  cooperative  educational  services  to  establish  workers'
   compensation reserve funds
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The section heading and subdivisions  1,  3,  4  and  6  of
 section 6-j of the general municipal law, the section heading as amended
 by  chapter  704 of the laws of 1956, subdivisions 1, 4 and 6 as amended
 by chapter 340 of the laws of 1973, subdivision 3 as amended by  chapter
 140  of  the laws of 1996 and subdivision 6 as renumbered by chapter 433
 of the laws of 1987, are amended to read as follows:
   [Workmen's] WORKERS' compensation reserve fund. 1. The governing board
 of any municipal corporation,  school  district,  BOARD  OF  COOPERATIVE
 EDUCATIONAL  SERVICES  or  fire district, which is, or shall [hereafter]
 become a self-insurer  under  the  provisions  of  SUBDIVISION  FOUR  OF
 section  fifty[,  subdivision  four] of the [workmen's] WORKERS' compen-
 sation law or section thirty of the volunteer [firemen's]  FIREFIGHTERS'
 benefit  law may establish a reserve fund to be known as the [workmen's]
 WORKERS' compensation reserve fund of such municipal corporation, school
 district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district.
   3. The moneys in such fund shall  be  deposited  and  secured  in  the
 manner  provided by section ten of this article.  The money in such fund
 so deposited shall be accounted for separate and apart  from  all  other
 funds  of the municipality, school district, BOARD OF COOPERATIVE EDUCA-
 TIONAL SERVICES or fire district, in the  same  manner  as  provided  in
 subdivision  ten of section six-c of this article.  The governing board,
 or the chief fiscal officer of such municipality, school district, BOARD
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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