NY State Senate Bill 2019-S3005

Senate Bill S3005

2019-2020 Legislative Session

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

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Archive: Last Bill Status - In Senate Committee Education 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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Actions

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	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 08, 2020	referred to education
Jan 31, 2019	referred to education

co-Sponsors

2019-S3005 (ACTIVE) - Details

See Assembly Version of this Bill:: A530
Current Committee:: Senate Education
Law Section:: Education Law
Laws Affected:: Amd §3651, Ed L
Versions Introduced in Other Legislative Sessions:: 2009-2010: S6933, A961
2011-2012: S517, A246
2013-2014: S1092, A1155
2015-2016: S3642, A1677
2017-2018: S545, A151
2021-2022: S4062, A1195
2023-2024: S7960

2019-S3005 (ACTIVE) - Summary

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

2019-S3005 (ACTIVE) - Sponsor Memo

                                
 
BILL NUMBER: S3005

SPONSOR: FUNKE
 
TITLE OF BILL:

An act to amend the education law, in relation to establishing an energy
reserve fund for school districts and boards of cooperative educational
services

 
PURPOSE:

Allows school districts and boards of cooperative educational services
to establish a separate fund to provide a reserve for excess energy
costs.

Section 3651 of the education law is amended to authorize any school
district to establish an energy reserve fund for the payment of energy
costs and that any reserve funds not expended in that fiscal year may be
transferred to another reserve fund or applied to the appropriations of
next fiscal year's budget.

JUSTIFICATION:

For the past several years many school districts have faced an increas-
ing difficult time in paying for the high cost of energy.  Energy costs
have fluctuated greatly and are making it very difficult for school
districts to plan for the rising energy costs. This bill would allow
school districts to create an energy reserve fund, which would enable
them to accumulate funds to pay for the excess costs of energy from this
fund. Currently, school districts are permitted to have thirteen other
reserve funds for purposes such as Capital, Worker's Compensation, Tax
Certioriari and Liability Reserve, among others.

 
LEGISLATIVE HISTORY:

S.3642/A.1677 of 2015/2016; Referred to Education
S.1092/A.1155 of 2013/2014; Referred to Education
S.517/A.246 of 2011/2012; Referred to Education
S.6933/A.961 of 2009/2010; Referred to Education
S.8448 - 200B - Referred to Rules Committee

 
FISCAL IMPLICATIONS:

None.

 
EFFECTIVE DATE:
Immediately.

2019-S3005 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3005
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                             January 31, 2019
                                ___________
 
 Introduced  by  Sens. FUNKE, GALLIVAN, RITCHIE -- read twice and ordered
   printed, and when printed to be committed to the Committee  on  Educa-
   tion
 
 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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Senate Bill S3005

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Sponsored By

Rich Funke