Bill Text: NY A01496 | 2019-2020 | 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: Moderate Partisan Bill (Democrat 6-1)

Status: (Introduced) 2019-01-15 - referred to children and families [A01496 Detail]

Download: New_York-2019-A01496-Introduced.html

                STATE OF NEW YORK
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    January 15, 2019
          COOK -- Multi-Sponsored by -- M. of A. SIMON -- read once and referred
          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-l to read as follows:
     3    § 390-l. 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    § 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.