Bill S2619-2013

Authorizes boards of cooperative educational services to establish workers' compensation reserve funds

Authorizes boards of cooperative educational services to establish workers' compensation reserve funds.

Details

Actions

  • Jun 10, 2014: referred to local governments
  • Jun 10, 2014: DELIVERED TO ASSEMBLY
  • Jun 10, 2014: PASSED SENATE
  • Jun 3, 2014: ORDERED TO THIRD READING CAL.1107
  • Jun 3, 2014: COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • Jan 8, 2014: REFERRED TO LOCAL GOVERNMENT
  • Jan 8, 2014: returned to senate
  • Jan 8, 2014: died in assembly
  • May 22, 2013: referred to local governments
  • May 22, 2013: DELIVERED TO ASSEMBLY
  • May 22, 2013: PASSED SENATE
  • May 21, 2013: ORDERED TO THIRD READING CAL.726
  • May 21, 2013: COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • Jan 23, 2013: REFERRED TO LOCAL GOVERNMENT

Meetings

Calendars

Votes

Memo

BILL NUMBER:S2619

TITLE OF BILL: An act to amend the general municipal law, in relation to authorizing boards of cooperative educational services to establish workers' compensation reserve funds

PURPOSE: Authorizes boards of cooperative education services to establish workers' compensation reserve funds.

SUMMARY OF PROVISIONS:

Section I adds boards of cooperative education services to the list of entities that are authorized to establish workers' compensation reserve funds.

Section 2 Provides the effective date for the act.

JUSTIFICATION: Under current New York State law, boards of cooperative education services (BOCES) are not able to establish workers' compensation reserve funds. However, other similar entities, such as school districts, do have the ability. This legislation seeks to remedy this oversight and allow BOCES to establish its own workers' compensation reserve funds.

LEGISLATIVE HISTORY: 2012: S.6164/A.9846 Passed Senate

FISCAL IMPLICATIONS: None to the state.

EFFECTIVE DATE: This act shall take effect immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 2619 2013-2014 Regular Sessions IN SENATE January 23, 2013 ___________
Introduced by Sen. YOUNG -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law, in relation to authorizing boards of cooperative educational services to establish workers' compensation reserve funds THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The section heading and subdivisions 1, 3, 4 and 6 of section 6-j of the general municipal law, the section heading as amended by chapter 704 of the laws of 1956, subdivisions 1, 4 and 6 as amended by chapter 340 of the laws of 1973, subdivision 3 as amended by chapter 140 of the laws of 1996 and subdivision 6 as renumbered by chapter 433 of the laws of 1987, are amended to read as follows: [Workmen's] WORKERS' compensation reserve fund. 1. The governing board of any municipal corporation, school district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district, which is, or shall [hereafter] become a self-insurer under the provisions of SUBDIVISION FOUR OF section fifty[, subdivision four] of the [workmen's] WORKERS' compen- sation law or section thirty of the volunteer [firemen's] FIREFIGHTERS' benefit law may establish a reserve fund to be known as the [workmen's] WORKERS' compensation reserve fund of such municipal corporation, school district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district. 3. The moneys in such fund shall be deposited and secured in the manner provided by section ten of this article. The money in such fund so deposited shall be accounted for separate and apart from all other funds of the municipality, school district, BOARD OF COOPERATIVE EDUCA- TIONAL SERVICES or fire district, in the same manner as provided in subdivision ten of section six-c of this article. The governing board, or the chief fiscal officer of such municipality, school district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district, if the governing board shall delegate such duty to him OR HER, may invest the moneys in
such fund in the manner provided in section eleven of this article. Any interest earned or capital gain realized on the money so deposited or invested shall accrue to and become part of such fund. The separate identity of such fund shall be maintained whether its assets consist of cash or investments or both. 4. An expenditure shall be made from such fund only for the payment of compensation and benefits, medical, hospital or other expense authorized by article two of the [workmen's] WORKERS' compensation law and by the volunteer [firemen's] FIREFIGHTERS' benefit law and expenses of adminis- tering the self-insurance program for such municipal corporation, school district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district. 6. If the municipal corporation, school district, BOARD OF COOPERATIVE EDUCATIONAL SERVICES or fire district shall, after the establishment of such fund, cease to be a self-insurer, the moneys remaining in such fund may be transferred to any other fund authorized by this chapter or section thirty-six hundred fifty-one of the education law only to the extent that the moneys in such fund shall exceed in amount the sum sufficient to pay all expenditures authorized in [paragraph numbered] SUBDIVISION four OF THIS SECTION, both accrued and contingent. S 2. This act shall take effect immediately.

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