STATE OF NEW YORK
________________________________________________________________________
697
2025-2026 Regular Sessions
IN SENATE(Prefiled)
January 8, 2025
___________
Introduced by Sens. GALLIVAN, BORRELLO, HELMING -- read twice and
ordered printed, and when printed to be committed to the Committee on
Education
AN ACT to amend the education law, in relation to the establishment of
an extraordinary needs reserve fund
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 the instruction of students as
6 defined in subparagraph one of paragraph i of subdivision one of section
7 thirty-six hundred two and pursuant to subdivision two of section thir-
8 ty-two hundred four of this chapter incurred throughout the fiscal year.
9 § 2. This act shall take effect on the first of July next succeeding
10 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.
LBD02824-01-5
