Bill Text: NY S04513 | 2009-2010 | General Assembly | Introduced
Bill Title: Requires day care providers to escrow security deposits in excess of the value of two weeks of provided services.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2010-01-06 - REFERRED TO CHILDREN AND FAMILIES [S04513 Detail]
Download: New_York-2009-S04513-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 4513 2009-2010 Regular Sessions I N S E N A T E April 24, 2009 ___________ 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-g to read as follows: 3 S 390-G. 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 S 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. LBD00516-01-9