Bill Text: NY S00697 | 2025-2026 | General Assembly | Introduced

New York Senate Bill 697

Introduced

Bill Title: Authorizes school districts to establish an extraordinary needs reserve fund for the expenses of providing special education.

Spectrum: Partisan Bill (Republican 3-0)

Status: (Introduced) 2025-01-08 - REFERRED TO EDUCATION [S00697 Detail]

Download: New_York-2025-S00697-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                           697

                               2025-2026 Regular Sessions

                    IN SENATE

                                       (Prefiled)

                                     January 8, 2025
                                       ___________

        Introduced  by  Sens.  GALLIVAN,  BORRELLO,  HELMING  --  read twice and
          ordered printed, and when printed to be committed 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.
                                                                   LBD02824-01-5