Bill Text: NY A10123 | 2023-2024 | General Assembly | Introduced

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Bill Title: Provides that any school district may establish a reserve fund for the payment of unanticipated costs related to pupil transportation in excess of public funds apportioned to districts for such purposes.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-05-06 - referred to education [A10123 Detail]

Download: New_York-2023-A10123-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10123

                   IN ASSEMBLY

                                       May 6, 2024
                                       ___________

        Introduced  by M. of A. RA -- read once and referred to the Committee on
          Education

        AN ACT to amend the education law, in  relation  to  reserve  funds  for
          pupil transportation costs

          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 pupil transportation in excess
     6  of  public  funds apportioned to districts for such purposes pursuant to
     7  subdivision seven of section  thirty-six  hundred  two  of  this  title,
     8  provided that the establishment of such fund shall require approval from
     9  a  majority  of qualified voters in the district voting on a proposition
    10  therefor submitted at a regular or special school district  meeting,  or
    11  in  school  districts  which  do  not have such meetings, at an election
    12  called for such purpose.
    13    § 2. Subdivisions 3-a and 4 of section  3651  of  the  education  law,
    14  subdivision 3-a as added by chapter 588 of the laws of 1988 and subdivi-
    15  sion  4 as added by chapter 782 of the laws of 1948, are amended to read
    16  as follows:
    17    3-a. Notwithstanding the  provisions  of  subdivision  three  of  this
    18  section, any school district which establishes a reserve fund in accord-
    19  ance  with  subdivision  one-a  or subdivision one-c of this section may
    20  make expenditures from such fund for  the  purposes  specified  in  such
    21  subdivision without authorization of the voters.
    22    4.  The  voters  may  authorize the transfer of all or any part of any
    23  reserve fund to any other reserve  fund  established  pursuant  to  this
    24  section or article two of the general municipal law.
    25    § 3. This act shall take effect immediately.


         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15429-01-4