Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 06, 2017 |
reported and committed to rules |
May 26, 2017 |
referred to local government |
Senate Bill S6498
2017-2018 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - In Senate Committee Rules 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
Actions
Votes
2017-S6498 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A8091
- Current Committee:
- Senate Rules
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §6-n, Gen Muni L
- Versions Introduced in 2019-2020 Legislative Session:
-
A2518
2017-S6498 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6498 TITLE OF BILL : An act to amend the general municipal law, in relation to insurance reserve funds of the Mamaroneck union free school district PURPOSE : The bill allows the Mamaroneck Union Free School District to maintain such a reserve fund and make expenditures from such reserve fund for any loss, claim, action or judgment for which such school district is authorized or required to purchase or maintain insurance SUMMARY OF PROVISIONS : Section 1. This section amends paragraph (a) of subdivision 2 of section 6-n of the general municipal law, as separately amended by chapters 414 and 416 of the laws of 2016, to provide that in the case of the Mamaroneck Union Free School District, an insurance reserve fund may be established and such school district may make expenditures from such reserve fund for any loss, claim, action or judgment for which the school district is authorized or required to purchase or maintain insurance for the kinds of risks for which insurance is authorized pursuant to paragraph three of subsection (a) of section one thousand one hundred thirteen of the insurance law.
2017-S6498 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6498 2017-2018 Regular Sessions I N S E N A T E May 26, 2017 ___________ Introduced by Sen. LATIMER -- 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 of the Mamaroneck union free 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 separately amended by chapters 414 and 416 of the laws of 2016, 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 and the Vernon Verona Sherrill central school district may establish insurance reserve funds in compliance with this section and article seventy-four of the education law [and the Minisink Valley central school district may establish insurance reserve funds in compliance with this section and article seventy-four of the education law] and such school districts may make expenditures in compliance with this section and article seventy-four of the education law from such reserve fund for EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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