Bill Text: NY S09107 | 2023-2024 | General Assembly | Introduced

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Bill Title: Relates to reserved funds for special educational services for certain children with disabilities.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced) 2024-05-22 - 2ND REPORT CAL. [S09107 Detail]

Download: New_York-2023-S09107-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          9107

                    IN SENATE

                                     April 26, 2024
                                       ___________

        Introduced  by  Sen.  MAYER  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Disabilities

        AN ACT to amend the education law, in relation  to  reserved  funds  for
          special educational services for certain children with disabilities

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subparagraph (iv)  of  paragraph  k  of  subdivision  4  of
     2  section  4405 of the education law, as amended by section 19-a of part A
     3  of chapter 56 of the laws of 2022, is amended to read as follows:
     4    (iv) Funds authorized to be  retained  under  this  paragraph  may  be
     5  expended only pursuant to an authorization of the governing board of the
     6  school,  school  district or program approved pursuant to section forty-
     7  four hundred ten of this article, for a purpose expressly authorized  as
     8  part of the approved tuition methodology for the year in which the funds
     9  are  to  be  expended,  provided that funds may be expended to pay prior
    10  year outstanding debts. Any school, school district, or program approved
    11  pursuant to section forty-four hundred ten of this article that  retains
    12  funds  pursuant to this paragraph shall be required to annually report a
    13  statement of the total balance of any such retained funds,  the  amount,
    14  if any, retained in the prior school year, the amount, if any, dispersed
    15  in  the  prior  school year, and any additional information requested by
    16  the department as part of the financial reports that are required to  be
    17  annually  submitted  to  the  department, and provided further that such
    18  reserved funds, including any accrued interest or  investments  of  such
    19  funds,  of  special  act  school districts shall only supplement and not
    20  supplant any funds provided by tuition methodology once reserved.
    21    § 2. This act shall take effect immediately and  shall  be  deemed  to
    22  have been in full force and effect on and after April 1, 2021.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15092-01-4