New York S 697: Authorizes school districts to establish an extraordinary needs reserve fund for the expenses of providing special education

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S00697 Summary:

BILL NOS00697 

&nbsp

SAME ASSAME AS A05547

&nbsp

SPONSORGALLIVAN

&nbsp

COSPNSRBORRELLO, HELMING

&nbsp

MLTSPNSR

&nbsp

Amd §3651, Ed L

&nbsp

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

Go to top S00697 Actions:

BILL NOS00697 

&nbsp

01/08/2025REFERRED TO EDUCATION

01/07/2026REFERRED TO EDUCATION

Go to topS00697 Committee&nbspVotes:

Go to topS00697 Floor&nbspVotes:

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

Go to topS00697 Text:

 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

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