Relates to school district finance security task force to develop guidelines for school districts to protect sensitive banking and other information related to school district funds, from theft and other adverse consequences related to financial transactions and make recommendations for legislation.
Ayes (45): Adams, Addabbo, Alesi, Aubertine, Bonacic, Breslin, Diaz, Dilan, Duane, Espada, Farley, Foley, Fuschillo, Griffo, Hassell-Thomps, Huntley, Johnson C, Johnson O, Klein, Krueger, Kruger, Lanza, LaValle, Leibell, Little, McDonald, Montgomery, Onorato, Padavan, Parker, Peralta, Perkins, Robach, Saland, Sampson, Savino, Serrano, Smith, Squadron, Stachowski, Stavisky, Stewart-Cousins, Thompson, Valesky, Winner
Nays (13): DeFrancisco, Flanagan, Hannon, Larkin, Libous, Marcellino, Maziarz, Nozzolio, Ranzenhofer, Seward, Skelos, Volker, Young
Excused (4): Golden, Morahan, Oppenheimer, Schneiderman
BILL NUMBER: S7323
TITLE OF BILL : An act to amend the education law, in relation to creating "the school district finance security task force"
PURPOSE OR GENERAL IDEA OF BILL : This bill establishes a task force to develop guidelines for school districts about security for funds in bank and other financial accounts.
SUMMARY OF SPECIFIC PROVISIONS : This bill adds a new article 9-A to the education law and establishes a school district finance security task force to develop guidelines for school districts to protect school district funds deposited with banks and other financial institutions from adverse consequences such as theft and cyber-theft.
JUSTIFICATION : Recently school districts have been challenged by cyber theft, electronic fraud and other computer crimes. School funds deposited in bank accounts have been stolen. Sensitive data has been compromised. These incidents highlight the adversity of money management in today's world. This bill seeks to help school districts protect their resources and financial transactions.
This bill establishes a task force to develop guidelines for schools about money management security. The bill directs the state education, banking and homeland security agencies to investigate security issues that affect school districts and their financial management, develop guidelines for best practices to secure school district finances and make recommendations for legislation.
PRIOR LEGISLATIVE HISTORY : New bill.
FISCAL IMPLICATIONS : None.
EFFECTIVE DATE : Immediately.
STATE OF NEW YORK ________________________________________________________________________ 7323 IN SENATE March 29, 2010 ___________Introduced by Sen. FOLEY -- 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 creating "the school district finance security task force" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as "the school district finance security task force act". S 2. The education law is amended by adding a new article 9-A to read as follows: ARTICLE 9-A SCHOOL DISTRICT FINANCE SECURITY TASK FORCE SECTION 430. SCHOOL DISTRICT FINANCE SECURITY TASK FORCE. 431. MEMBERS. 432. REPORT. S 430. SCHOOL DISTRICT FINANCE SECURITY TASK FORCE. 1. THERE IS HEREBY CREATED THE SCHOOL DISTRICT FINANCE SECURITY TASK FORCE WHICH SHALL INVESTIGATE THE SECURITY OF SCHOOL DISTRICT BANK AND OTHER FINANCIAL ACCOUNTS. 2. THE TASK FORCE SHALL DEVELOP GUIDELINES FOR SCHOOL DISTRICTS TO PROTECT SCHOOL DISTRICT FUNDS DEPOSITED WITH BANKS AND OTHER FINANCIAL INSTITUTIONS AND OTHER INFORMATION RELATED TO SUCH FUNDS, FROM THEFT, INCLUDING CYBER THEFT, AND OTHER ADVERSE CONSEQUENCES RELATED TO FUND MANAGEMENT AND FINANCIAL TRANSACTIONS AND MAKE RECOMMENDATIONS FOR LEGISLATION. 3. THE TASK FORCE SHALL SOLICIT THE COOPERATION AND PARTICIPATION OF COMPUTER SECURITY PROFESSIONALS AND EXPERTS RECOGNIZED FOR THEIR COMPUT- ER EXPERIENCE, PROVIDED HOWEVER, NO FUNDING SHALL BE PROVIDED FOR SUCH CONSULTATIONS. 4. THE TASK FORCE SHALL MEET AS NECESSARY TO FULFILL ITS RESPONSIBIL- ITIES. S 431. MEMBERS. 1. THE TASK FORCE SHALL CONSIST OF THE COMMISSIONER OR HIS OR HER DESIGNEE, THE STATE COMPTROLLER OR HIS OR HER DESIGNEE, THE DIRECTOR OF THE OFFICE OF HOMELAND SECURITY OR HIS OR HER DESIGNEE, THEEXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16183-01-0 S. 7323 2
ATTORNEY GENERAL OR HIS OR HER DESIGNEE AND THE SUPERINTENDENT OF BANKS OR HIS OR HER DESIGNEE. 2. TASK FORCE MEMBERS SHALL RECEIVE NO COMPENSATION BUT SHALL BE REIM- BURSED FOR TRAVEL EXPENSES INCURRED IN THE PERFORMANCE OF THEIR DUTIES. S 432. REPORT. THE TASK FORCE SHALL REPORT ITS FINDINGS AND RECOMMEN- DATIONS TO THE GOVERNOR, THE SPEAKER OF THE ASSEMBLY, THE TEMPORARY PRESIDENT OF THE SENATE AND THE CHAIRS OF THE ASSEMBLY COMMITTEE ON EDUCATION AND THE SENATE COMMITTEE ON EDUCATION NO LATER THAN DECEMBER THIRTY-FIRST, TWO THOUSAND TEN. S 3. This act shall take effect immediately.