Bill Text: NY A01083 | 2023-2024 | General Assembly | Introduced


Bill Title: Adds a school business official to the Teachers' Retirement System (TRS) Board.

Spectrum: Bipartisan Bill

Status: (Introduced) 2024-01-03 - referred to education [A01083 Detail]

Download: New_York-2023-A01083-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          1083

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    January 13, 2023
                                       ___________

        Introduced  by  M.  of A. PAULIN, McDONOUGH, SAYEGH, GUNTHER, DeSTEFANO,
          NORRIS -- read once and referred to the Committee on Education

        AN ACT to amend the education law, in relation to adding a school  busi-
          ness official to the Teachers' Retirement System (TRS) Board

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

     1    Section 1. The opening paragraph of subdivision 2 of  section  504  of
     2  the  education  law,  as  amended by chapter 873 of the laws of 1984, is
     3  amended and a new paragraph g is added to read as follows:
     4    The retirement board shall consist of [ten] eleven members as follows.
     5    g. One member, who currently works as a duly appointed school business
     6  official, who is elected by the board of regents of  the  university  of
     7  the state of New York to serve for a term of three years, from a list of
     8  five or more persons having broad experience and ability in the field of
     9  school  finance to be presented to the regents by the board of directors
    10  of the association of school business officials of New York.
    11    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04288-01-3
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