STATE OF NEW YORK
________________________________________________________________________
1035
2021-2022 Regular Sessions
IN ASSEMBLY
January 7, 2021
___________
Introduced by M. of A. BYRNES -- read once and referred 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.
LBD02825-01-1
