New York legislation · 2025-2026 General Assembly
New York A10573: Authorizes the Holland central school district to establish an insurance reserve fund
Status: In committee, June 5, 2026
Authorizes the Holland central school district to establish an insurance reserve fund for any loss, claim, action or judgment for which such school district is authorized or required to purchase or maintain insurance for the kinds of risks for which insurance is authorized.
What the bill says
An act to amend the general municipal law, in relation to authorizing the Holland central school district to establish an insurance reserve fund.
From the introduced text, March 13, 2026:
AN ACT to amend the general municipal law, in relation to authorizing the Holland central school district to establish an insurance reserve fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 2 of section 6-n of the general municipal law, as separately amended by chapters 486, and 525 of the laws of 2024, is amended to read as follows: (a) The governing board of any municipal corporation may establish a reserve fund to be known as the insurance reserve fund. Upon the creation of the fund, the municipality may make expenditures from the fund for any loss, claim, action or judgment for which the municipal corporation is authorized or required to purchase or maintain insurance, except those kinds of risks for which insurance is authorized pursuant to paragraph one, two, three, fifteen, sixteen, seventeen, eighteen, twenty-two or twenty-three of subsection (a) of section one thousand one hundred thirteen of the insurance law, or for payments in lieu of contributions under article eighteen of the labor law; provided however, that no municipality shall make an expenditure from such fund for any loss, claim, action or judgment for which the municipal corporation has established a reserve fund under any other provision of law; provided, further that the …
Sponsors
- David DiPietro (R, 147) · primary sponsor
Latest actions
- : SUBSTITUTED BY S9345
- : ORDERED TO THIRD READING RULES CAL.582
- : RULES REPORT CAL.582
- : REPORTED
- : REPORTED REFERRED TO RULES
- : REPORTED REFERRED TO WAYS AND MEANS
- : REFERRED TO EDUCATION
Votes
- Assembly Rules Committee: Favorable (June 5, 2026): 29 yea, 0 nay, passed
- Assembly Ways And Means Committee: Favorable refer to committee Rules (May 28, 2026): 29 yea, 0 nay, passed
- Assembly Education Committee: Favorable refer to committee Ways and Means Correction Date:05/22/2026 (May 18, 2026): 24 yea, 0 nay, passed
Subjects: General Municipal Law
Common questions
- What is A10573?
- A10573 is a bill in the New York Legislature (2025-2026 General Assembly): Authorizes the Holland central school district to establish an insurance reserve fund.
- What does A10573 do?
- In its own words: An act to amend the general municipal law, in relation to authorizing the Holland central school district to establish an insurance reserve fund.
- What is the status of A10573?
- In committee as of June 5, 2026. Latest action: SUBSTITUTED BY S9345 (June 5, 2026).
- Who sponsored A10573?
- David DiPietro (R, 147).
- Where is the official record for A10573?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10573
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.