New York A 10499: Relates to requiring the forbearance of residential mortgage payments for any mortgagor who demonstrates financial hardship as a result of the COVID-19 pandemic

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A10499 Summary:

BILL NOA10499 

&nbsp

SAME ASSAME AS S07788

&nbsp

SPONSORSantabarbara

&nbsp

COSPNSRConrad

&nbsp

MLTSPNSR

&nbsp

Amd §3651, Ed L

&nbsp

Permits the establishment of reserve funds for unanticipated costs relating to special education, provided that the amount in such fund shall not exceed four percent of the district's current school year budget.

Go to top A10499 Actions:

BILL NOA10499 

&nbsp

03/06/2026referred to education

Go to topA10499 Committee&nbspVotes:

Go to topA10499 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA10499 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 10499

 IN ASSEMBLY

 March 6, 2026
 ___________

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

 AN ACT to amend the education law, in relation to establishing reserve
 funds for costs relating to special education

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 3-a of section 3651 of the education law, as
 2 added by chapter 588 of the laws of 1988, is amended and a new subdivi-
 3 sion 1-c is added to read as follows:
 4 1-c. Notwithstanding subdivision one of this section, any school
 5 district may establish a reserve fund for payment of unanticipated costs
 6 related to providing special education to students with disabilities,
 7 provided that the amount in such fund shall not exceed four percent of
 8 the district's current school year budget. Special education and
 9 students with disabilities shall have the same meaning as in subdivision
 10 one of section four thousand four hundred one of this chapter. Such
 11 reserve fund shall be established only by a majority vote of the quali-
 12 fied voters of the district.
 13 3-a. Notwithstanding the provisions of subdivision three of this
 14 section, any school district which establishes a reserve fund in accord-
 15 ance with subdivision one-a or one-c of this section may make expendi-
 16 tures from such fund for the purposes specified in such subdivision
 17 without authorization of the voters.
 18 § 2. This act shall take effect on the first of July next succeeding
 19 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.
 LBD11541-02-5

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