A 2644: Provides that any school district may establish a reserve fund for the payment of unanticipated costs related to pupil transportation in excess of public funds apportioned to districts for such purposes.

  
  STATE OF NEW YORK ________________________________________________________________________ 2644 2025-2026 Regular Sessions  IN ASSEMBLY January 21, 2025 ___________ Introduced by M. of A. RA -- read once and referred to the Committee on Education AN ACT to amend the education law, in relation to reserve funds for pupil transportation costs The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 3651 of the education law is amended by adding a 2 new subdivision 1-c to read as follows: 3 1-c. Notwithstanding the provisions of subdivision one of this 4 section, any school district may establish a reserve fund for the 5 payment of unanticipated costs related to pupil transportation in excess 6 of public funds apportioned to districts for such purposes pursuant to 7 subdivision seven of section thirty-six hundred two of this title, 8 provided that the establishment of such fund shall require approval from 9 a majority of qualified voters in the district voting on a proposition 10 therefor submitted at a regular or special school district meeting, or 11 in school districts which do not have such meetings, at an election 12 called for such purpose. 13 § 2. Subdivisions 3-a and 4 of section 3651 of the education law, 14 subdivision 3-a as added by chapter 588 of the laws of 1988 and subdivi- 15 sion 4 as added by chapter 782 of the laws of 1948, are amended to read 16 as follows: 17 3-a. Notwithstanding the provisions of subdivision three of this 18 section, any school district which establishes a reserve fund in accord- 19 ance with subdivision one-a or subdivision one-c of this section may 20 make expenditures from such fund for the purposes specified in such 21 subdivision without authorization of the voters. 22 4. The voters may authorize the transfer of all or any part of any 23 reserve fund to any other reserve fund established pursuant to this 24 section or article two of the general municipal law. 25 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05884-01-5