STATE OF NEW YORK
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6885--A
2019-2020 Regular Sessions
IN SENATE
December 4, 2019
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Introduced by Sen. GALLIVAN -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the general municipal law, in relation to permitting the
Springville-Griffith institute 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 318, 321, 325, 342,
3 499, 509, 510 and 551 of the laws of 2019, is amended to read as
4 follows:
5 (a) The governing board of any municipal corporation may establish a
6 reserve fund to be known as the insurance reserve fund. Upon the
7 creation of the fund, the municipality may make expenditures from the
8 fund for any loss, claim, action or judgment for which the municipal
9 corporation is authorized or required to purchase or maintain insurance,
10 except those kinds of risks for which insurance is authorized pursuant
11 to paragraph one, two, three, fifteen, sixteen, seventeen, eighteen,
12 twenty-two or twenty-three of subsection (a) of section one thousand one
13 hundred thirteen of the insurance law, or for payments in lieu of
14 contributions under article eighteen of the labor law; provided however,
15 that no municipality shall make an expenditure from such fund for any
16 loss, claim, action or judgment for which the municipal corporation has
17 established a reserve fund under any other provision of law; provided,
18 further that the Scarsdale union free school district, the Mamaroneck
19 union free school district, the Minisink Valley central school district,
20 the Vernon Verona Sherrill central school district, [and] the Ithaca
21 city school district [and], the Kenmore-Town of Tonawanda union free
22 school district, [and] the Bedford central school district [and], the
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14278-04-9
S. 6885--A 2
1 Grand Island central school district [and], the Tonawanda city school
2 district [and], the enlarged city school district of Middletown, the
3 Springville-Griffith institute central school district and the Frontier
4 central school district may establish insurance reserve funds in compli-
5 ance with this section and article seventy-four of the education law and
6 such school districts may make expenditures in compliance with this
7 section and article seventy-four of the education law from such reserve
8 fund for any loss, claim, action or judgment for which the school
9 districts are authorized or required to purchase or maintain insurance
10 for the kinds of risks for which insurance is authorized pursuant to
11 paragraph three of subsection (a) of section one thousand one hundred
12 thirteen of the insurance law.
13 § 2. This act shall take effect immediately.
