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A07815 Summary:

BILL NOA07815A
 
SAME ASSAME AS S05689-A
 
SPONSORNolan
 
COSPNSRRivera P
 
MLTSPNSR
 
Amd SS1608, 1716, 1950 & 2116-b, add S3653, Ed L; amd SS6-e, 6-h, 6-p & 6-r, Gen Muni L
 
Reforms aspects of local government and school accountability; requires notice of reserve funds; amends the powers and duties of boards of cooperative educational services; requires resolution for reserve funds; addresses tax stabilization reserves, reserves for bonded indebtedness and employee benefit accrued liability reserves; authorizes school districts and boards of cooperative educational services to establish retirement contribution reserve funds for the purposes of the New York state teachers' retirement system.
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