A 11391·NY·house
Permits the Oswego city school district to create an insurance reserve fund
Floor Vote ScheduledFiled May 15, 2026
Sponsor: William A. Barclay
Latest Action
SUBSTITUTED BY S10396
Jun 5, 2026
Summary
The bill amends the Municipal Law so that any municipal corporation, including the Oswego City School District, may create an insurance reserve fund. The fund can be used to pay losses, claims, actions, or judgments that the district is required to insure, except for certain excluded risks. It takes effect immediately and is pending further committee action.
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