Bill Text: NY S00884 | 2013-2014 | General Assembly | Introduced

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Bill Title: Relates to requirements for expenditures from reserve funds by school districts; permits the governing body of a school district to expend up to 50% of such fund without voter approval; repeals such provisions on June 30, 2016.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2014-01-08 - REFERRED TO EDUCATION [S00884 Detail]

Download: New_York-2013-S00884-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                          884
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                      (PREFILED)
                                    January 9, 2013
                                      ___________
       Introduced  by  Sen. BONACIC -- 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  expenditures  from
         reserve  funds  by  school  districts; and providing for the repeal of
         such provisions upon the expiration thereof
         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 3-b to read as follows:
    3    3-B. NOTWITHSTANDING THE  PROVISIONS  OF  SUBDIVISION  THREE  OF  THIS
    4  SECTION,  THE  GOVERNING  AUTHORITIES  OF  A  SCHOOL  DISTRICT  MAY,  BY
    5  TWO-THIRDS MAJORITY VOTE, UTILIZE UP TO ONE-HALF THE TOTAL RESERVE FUNDS
    6  ESTABLISHED BY SUCH DISTRICT FOR ANY LAWFUL PURPOSE AND MAY  MOVE  FUNDS
    7  BETWEEN  RESERVE  ACCOUNTS  AS NECESSARY SUBJECT TO THE REQUIREMENTS SET
    8  FORTH IN THIS SUBDIVISION. THE SUPERINTENDENT OF A SCHOOL  DISTRICT,  OR
    9  OTHER  PERSON WITH OVERALL RESPONSIBILITY FOR THE SCHOOL DISTRICT SHALL,
   10  AT LEAST FORTY-FIVE DAYS PRIOR TO VOTING BY THE  SCHOOL  AUTHORITIES  TO
   11  UTILIZE  A  PORTION OF THE RESERVES AS PROVIDED FOR IN THIS SUBDIVISION,
   12  PLACE SUCH PROPOSAL ON THE AGENDA OF A SCHOOL BOARD MEETING  AND  PUBLI-
   13  CIZE  THROUGH  AN  INFORMATIONAL STATEMENT TO THE MEDIA SENT TO AT LEAST
   14  THE OFFICIAL NEWSPAPER OF THE SCHOOL DISTRICT, AND OTHERWISE TO MEDIA IN
   15  GENERAL CIRCULATION, ANY PROPOSAL  TO  BE  VOTED  ON  BY  THE  GOVERNING
   16  AUTHORITIES  OF  THE SCHOOL DISTRICT TO UTILIZE A PORTION OF ANY RESERVE
   17  FUND FOR A LAWFUL PURPOSE, AND THE NATURE OF THAT PURPOSE WITH  AS  MUCH
   18  DETAIL  AS IS REASONABLY AVAILABLE TO THE SUPERINTENDENT OR OTHER PERSON
   19  WITH OVERALL RESPONSIBILITY FOR THE SCHOOL DISTRICT. SUCH  INFORMATIONAL
   20  STATEMENT SHALL ALSO BE PROVIDED TO THE COMMISSIONER AND THE STATE COMP-
   21  TROLLER IN SUCH FORM AS THE COMMISSIONER AND COMPTROLLER SHALL REQUIRE.
   22    S  2.  This  act shall take effect immediately and shall expire and be
   23  deemed repealed on and after June 30, 2016.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD03212-01-3