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S08513 Summary:

BILL NOS08513A
 
SAME ASSAME AS A09183-A
 
SPONSORWEBB
 
COSPNSR
 
MLTSPNSR
 
Amd §6-n, Gen Muni L
 
Permits the Johnson City central school district to create an insurance reserve fund.
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S08513 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                         8513--A
            Cal. No. 900
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                   September 24, 2025
                                       ___________
 
        Introduced  by  Sen.  WEBB  --  read twice and ordered printed, and when
          printed to be committed to the Committee on Rules  --  recommitted  to
          the  Committee  on  Local Government in accordance with Senate Rule 6,
          sec. 8 -- reported favorably from said  committee,  ordered  to  first
          report,  amended  on  first  report,  ordered  to  a second report and
          ordered reprinted, retaining its place in the order of second report
 
        AN ACT to amend the general municipal law, in relation to permitting the
          Johnson City central school district to create  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
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13727-03-6

        S. 8513--A                          2
 
     1  district, the Bedford central school district, the Grand Island  central
     2  school  district,  the Tonawanda city school district, the enlarged city
     3  school district of Middletown, the Frontier central school district, the
     4  Owego  Apalachin  central  school  district,  the  Maine-Endwell central
     5  school district, the Binghamton city school district, the Candor central
     6  school district, the Cleveland Hill  union  free  school  district,  the
     7  Depew  union free school district, the Iroquois central school district,
     8  the Liverpool central school district, the Auburn enlarged  city  school
     9  district,  the  Carmel  central  school  district,  the Clarence central
    10  school district, the Fulton city school district,  [and]  the  Canastota
    11  central  school  district,  and the Johnson City central school district
    12  may establish insurance reserve funds in compliance  with  this  section
    13  and  article seventy-four of the education law and such school districts
    14  may make expenditures in compliance with this section and article seven-
    15  ty-four of the education law from such reserve fund for any loss, claim,
    16  action or judgment for which the  school  districts  are  authorized  or
    17  required  to  purchase  or maintain insurance for the kinds of risks for
    18  which insurance is authorized pursuant to paragraph three of  subsection
    19  (a) of section one thousand one hundred thirteen of the insurance law.
    20    § 2. This act shall take effect immediately.
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