S01425 Summary:

BILL NOS01425
 
SAME ASNo same as
 
SPONSORMONTGOMERY
 
COSPNSRHOYLMAN
 
MLTSPNSR
 
Add S390-i, Soc Serv L
 
Requires day care providers to escrow security deposits in excess of the value of two weeks of provided services.
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S01425 Actions:

BILL NOS01425
 
01/09/2013REFERRED TO CHILDREN AND FAMILIES
05/29/20131ST REPORT CAL.784
05/30/20132ND REPORT CAL.
06/03/2013ADVANCED TO THIRD READING
06/21/2013COMMITTED TO RULES
01/08/2014REFERRED TO CHILDREN AND FAMILIES
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S01425 Floor Votes:

There are no votes for this bill in this legislative session.
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S01425 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          1425
 
                               2013-2014 Regular Sessions
 
                    IN SENATE
 
                                       (Prefiled)
 
                                     January 9, 2013
                                       ___________
 
        Introduced  by  Sen.  MONTGOMERY  -- read twice and ordered printed, and
          when printed to be committed to the Committee on Children and Families
 
        AN ACT to amend the social services law, in relation to security  depos-
          its collected by child day care providers
 

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The social services law is amended by adding a new  section
     2  390-i to read as follows:
     3    § 390-i. Requiring child day care providers to escrow certain security
     4  deposits.   1. Child day care providers, licensed or registered pursuant
     5  to this title, that collect advance security deposits of  an  amount  in
     6  excess  of,  but  not  equal  to,  the  fee  for two weeks of child care
     7  services are required to deposit the difference between the fee for  two
     8  weeks  of services and the total amount of the required security deposit
     9  into an escrow account which shall not  be  mingled  with  the  personal

    10  monies or become an asset of the day care provider.
    11    2.  The  child  day care provider must comply with the requirements of
    12  subdivision one of this section and, prior to termination of services by
    13  the child's parent or guardian must:
    14    (a) provide child care services equal to the amount of time covered by
    15  the total amount of the security deposit; or
    16    (b) return the excess security deposit plus accrued interest; or
    17    (c) return the total amount  of  the  security  deposit  plus  accrued
    18  interest on the excess security deposit.
    19    §  2.  This  act  shall take effect on the sixtieth day after it shall
    20  have become a law.
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets

                              [ ] is old law to be omitted.
                                                                   LBD04014-01-3
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