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A10683 Summary:

BILL NOA10683
 
SAME ASNo Same As
 
SPONSORDeStefano
 
COSPNSR
 
MLTSPNSR
 
Amd §6-n, Gen Muni L
 
Authorizes the Medford fire district, located in Suffolk county, to deposit into the insurance reserve fund an amount of $400,000 in each of the years 2026, 2027 and 2028.
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A10683 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10683
 
                   IN ASSEMBLY
 
                                     March 20, 2026
                                       ___________
 
        Introduced  by  M.  of  A.  DeSTEFANO  --  read once and referred to the
          Committee on Local Governments
 
        AN ACT to amend the general municipal law, in relation to  contributions
          paid into the insurance reserve fund by the Medford fire district
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 4 of section 6-n of the general municipal  law,
     2  as  amended  by  chapter  819 of the laws of 1986, is amended to read as
     3  follows:
     4    4. The amount paid into such fund during any  fiscal  year  shall  not
     5  exceed  the  greater of thirty-three thousand dollars or five per centum
     6  of the total budget for such fiscal year. Provided, however, the Medford
     7  fire district, located in the county of Suffolk, may deposit  into  such
     8  fund  the  sum of four hundred thousand dollars in each of the years two
     9  thousand twenty-six, two thousand twenty-seven and two thousand  twenty-
    10  eight.
    11    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15246-01-6
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