Assembly Bill A530

2019-2020 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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2019-A530 (ACTIVE) - Details

See Senate Version of this Bill:
S3005
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §3651, Ed L
Versions Introduced in Other Legislative Sessions:
2009-2010: A961, S6933
2011-2012: A246, S517
2013-2014: A1155, S1092
2015-2016: A1677, S3642
2017-2018: A151, S545
2021-2022: A1195, S4062
2023-2024: S7960

2019-A530 (ACTIVE) - Summary

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

2019-A530 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                    530
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                (PREFILED)
 
                              January 9, 2019
                                ___________
 
 Introduced  by  M.  of  A.  CAHILL, LUPARDO, ABINANTI, BARRETT, GUNTHER,
   WOERNER -- Multi-Sponsored by -- M. of A. BUCHWALD, FRIEND, MONTESANO,
   RA, RAIA, RAMOS, SOLAGES -- 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.
   § 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.
   § 3. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01981-01-9

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