NY A06214 | 2021-2022 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 10 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Authorizes the expenditure and temporary transfer of reserve funds for expenses related to COVID-19; authorizes the extension of repayment of inter-fund advances made for expenses related to COVID-19, in relation to extending the period of time for reimbursement of funds to the reserve fund from which the funds were transferred; provides that such funds shall be fully reimbursed by the end of the tenth fiscal year, starting two years after the fiscal year following the transfer; requires any such transfer shall be noted in the school district's annual audit report.

Tracking Information

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Title

Authorizes the expenditure and temporary transfer of reserve funds for expenses related to COVID-19; authorizes the extension of repayment of inter-fund advances made for expenses related to COVID-19, in relation to extending the period of time for reimbursement of funds to the reserve fund from which the funds were transferred; provides that such funds shall be fully reimbursed by the end of the tenth fiscal year, starting two years after the fiscal year following the transfer; requires any such transfer shall be noted in the school district's annual audit report.

Sponsors


Roll Calls

2021-05-20 - Assembly - Assembly Local Governments Committee: Favorable refer to committee Ways and Means (Y: 18 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2022-01-05Assemblyreferred to ways and means
2021-05-20Assemblyreported referred to ways and means
2021-03-10Assemblyreferred to local governments

New York State Sources


Bill Comments

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