•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

A10973 Summary:

BILL NOA10973
 
SAME ASNo Same As
 
SPONSORMaher
 
COSPNSR
 
MLTSPNSR
 
Amd §6-n, Gen Muni L
 
Authorizes the Goshen central school district to establish an insurance reserve fund.
Go to top

A10973 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10973
 
                   IN ASSEMBLY
 
                                     April 14, 2026
                                       ___________
 
        Introduced  by M. of A. MAHER -- read once and referred to the Committee
          on Education
 
        AN ACT to amend the general municipal law, in  relation  to  authorizing
          the  Goshen  central school district to establish an insurance reserve
          fund
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Paragraph (a) of subdivision 2 of section 6-n of the gener-
     2  al  municipal law, as separately amended by chapters 486, 515 and 525 of
     3  the laws of 2024, is amended to read as follows:
     4    (a) The governing board of any municipal corporation may  establish  a
     5  reserve  fund  to  be  known  as  the  insurance  reserve fund. Upon the
     6  creation of the fund, the municipality may make  expenditures  from  the
     7  fund  for  any  loss,  claim, action or judgment for which the municipal
     8  corporation is authorized or required to purchase or maintain insurance,
     9  except those kinds of risks for which insurance is  authorized  pursuant
    10  to  paragraph  one,  two,  three, fifteen, sixteen, seventeen, eighteen,
    11  twenty-two or twenty-three of subsection (a) of section one thousand one
    12  hundred thirteen of the insurance  law,  or  for  payments  in  lieu  of
    13  contributions under article eighteen of the labor law; provided however,
    14  that  no  municipality  shall make an expenditure from such fund for any
    15  loss, claim, action or judgment for which the municipal corporation  has
    16  established  a  reserve fund under any other provision of law; provided,
    17  further that the Scarsdale union free school  district,  the  Mamaroneck
    18  union free school district, the Minisink Valley central school district,
    19  the  Vernon  Verona  Sherrill  central  school district, the Ithaca city
    20  school  district,  the  Kenmore-Town  of  Tonawanda  union  free  school
    21  district,  the Bedford central school district, the Grand Island central
    22  school district, the Tonawanda city school district, the  enlarged  city
    23  school district of Middletown, the Frontier central school district, the
    24  Owego  Apalachin  central  school  district,  the  Maine-Endwell central
    25  school district, the Binghamton city school district, the Candor central
    26  school district, the Cleveland Hill  union  free  school  district,  the
    27  Depew  union free school district, the Iroquois central school district,
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15481-01-6

        A. 10973                            2
 
     1  the Liverpool central school district, the Auburn enlarged  city  school
     2  district,  the  Carmel  central  school  district,  the Clarence central
     3  school district, the Fulton city school district,  [and]  the  Canastota
     4  central  school  district,  and  the  Goshen central school district may
     5  establish insurance reserve funds in compliance with  this  section  and
     6  article  seventy-four of the education law and such school districts may
     7  make expenditures in compliance with this section and  article  seventy-
     8  four  of  the  education law from such reserve fund for any loss, claim,
     9  action or judgment for which the  school  districts  are  authorized  or
    10  required  to  purchase  or maintain insurance for the kinds of risks for
    11  which insurance is authorized pursuant to paragraph three of  subsection
    12  (a) of section one thousand one hundred thirteen of the insurance law.
    13    § 2. This act shall take effect immediately.
Go to top