Permits the establishment of reserve funds for unanticipated costs relating to special education, provided that the amount in such fund shall not exceed four percent of the district's current school year budget.
STATE OF NEW YORK
________________________________________________________________________
10499
IN ASSEMBLY
March 6, 2026
___________
Introduced by M. of A. SANTABARBARA -- read once and referred to the
Committee on Education
AN ACT to amend the education law, in relation to establishing reserve
funds for costs relating to special education
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 3-a of section 3651 of the education law, as
2 added by chapter 588 of the laws of 1988, is amended and a new subdivi-
3 sion 1-c is added to read as follows:
4 1-c. Notwithstanding subdivision one of this section, any school
5 district may establish a reserve fund for payment of unanticipated costs
6 related to providing special education to students with disabilities,
7 provided that the amount in such fund shall not exceed four percent of
8 the district's current school year budget. Special education and
9 students with disabilities shall have the same meaning as in subdivision
10 one of section four thousand four hundred one of this chapter. Such
11 reserve fund shall be established only by a majority vote of the quali-
12 fied voters of the district.
13 3-a. Notwithstanding the provisions of subdivision three of this
14 section, any school district which establishes a reserve fund in accord-
15 ance with subdivision one-a or one-c of this section may make expendi-
16 tures from such fund for the purposes specified in such subdivision
17 without authorization of the voters.
18 § 2. This act shall take effect on the first of July next succeeding
19 the date on which it shall have become a law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11541-02-5
