S 6073: Establishes an energy reserve fund for school districts and boards of cooperative educational services.
What S 6073 does, verified January 10, 2026
The bill aims to establish an energy reserve fund for school districts and boards of cooperative educational services. This fund allows school districts to save money for energy costs without needing voter approval. The funds can be transferred to another reserve fund or applied to the next year's budget if not used for energy costs. Additionally, school districts that establish a reserve fund can make expenditures from it without voter authorization for specific purposes. The bill takes effect immediately.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO EDUCATION (2026-01-07)Alert me
Quick answers about S 6073
- What is the current status of S 6073?
- As of January 10, 2026, S 6073 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO EDUCATION".
- Did S 6073 pass?
- Not yet. S 6073 has been introduced and has not passed either house.
- Who wrote S 6073, and where is it now?
- S 6073 was authored by Sen. Kevin Parker with 3 coauthors. Its committee of record is Senate Education. It is filed under EDN, alongside 312 other New York EDN bills this session.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO EDUCATION |
| Mar. 05, 2025 | REFERRED TO EDUCATION |
Latest bill textIntroduced version, March 5, 2025 · 315 words
STATE OF NEW YORK ________________________________________________________________________ 6073 2025-2026 Regular Sessions IN SENATE March 5, 2025 ___________ Introduced by Sens. PARKER, GALLIVAN, HARCKHAM, PALUMBO -- 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 establishing an energy reserve fund for school districts and boards of cooperative educa- tional services 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 an energy reserve fund for 5 the payment of energy costs, without approval by the qualified voters of 6 the district. Any monies deposited to such energy reserve fund which are 7 not expended for the payment of energy costs in the fiscal year that the 8 funds are deposited in the energy reserve fund may be either transferred 9 to another reserve fund or applied to the appropriations of the next 10 succeeding fiscal year's budget. 11 § 2. Subdivision 3-a of section 3651 of the education law, as added by 12 chapter 588 of the laws of 1988, is amended to read as follows: 13 3-a. Notwithstanding the provisions of subdivision three of this 14 section, any school district which establishes a reserve fund in accord- 15 ance with subdivision one-a or one-c of this section may make expendi- 16 tures from such fund for the purposes specified in such [subdivision] 17 subdivisions without authorization of the voters. 18 § 3. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10582-01-5
Text of S 6073 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions