Bill Text: NY A05008 | 2021-2022 | General Assembly | Introduced

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

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2022-01-05 - referred to education [A05008 Detail]

Download: New_York-2021-A05008-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          5008

                               2021-2022 Regular Sessions

                   IN ASSEMBLY

                                    February 10, 2021
                                       ___________

        Introduced  by  M.  of  A.  PAULIN,  BARRON,  McDONOUGH, WALCZYK, GALEF,
          SAYEGH, GUNTHER, DeSTEFANO, ASHBY, NORRIS, PICHARDO -- 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.
                                                                   LBD02070-01-1