Provides that any school district may establish a reserve fund for the payment of unanticipated costs related to pupil transportation in excess of public funds apportioned to districts for such purposes.
STATE OF NEW YORK
________________________________________________________________________
2644
2025-2026 Regular Sessions
IN ASSEMBLY
January 21, 2025
___________
Introduced by M. of A. RA -- read once and referred to the Committee on
Education
AN ACT to amend the education law, in relation to reserve funds for
pupil transportation costs
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 3651 of the education law is amended by adding a
2 new subdivision 1-c to read as follows:
3 1-c. Notwithstanding the provisions of subdivision one of this
4 section, any school district may establish a reserve fund for the
5 payment of unanticipated costs related to pupil transportation in excess
6 of public funds apportioned to districts for such purposes pursuant to
7 subdivision seven of section thirty-six hundred two of this title,
8 provided that the establishment of such fund shall require approval from
9 a majority of qualified voters in the district voting on a proposition
10 therefor submitted at a regular or special school district meeting, or
11 in school districts which do not have such meetings, at an election
12 called for such purpose.
13 § 2. Subdivisions 3-a and 4 of section 3651 of the education law,
14 subdivision 3-a as added by chapter 588 of the laws of 1988 and subdivi-
15 sion 4 as added by chapter 782 of the laws of 1948, are amended to read
16 as follows:
17 3-a. Notwithstanding the provisions of subdivision three of this
18 section, any school district which establishes a reserve fund in accord-
19 ance with subdivision one-a or subdivision one-c of this section may
20 make expenditures from such fund for the purposes specified in such
21 subdivision without authorization of the voters.
22 4. The voters may authorize the transfer of all or any part of any
23 reserve fund to any other reserve fund established pursuant to this
24 section or article two of the general municipal law.
25 § 3. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD05884-01-5
