New York legislation · 2025-2026 General Assembly
New York S10396: Permits the Oswego city school district to create an insurance reserve fund
Status: Passed both chambers, June 5, 2026
Provides that the Oswego city school district may establish an insurance reserve fund.
What the bill says
An act to amend the general municipal law, in relation to permitting the Oswego city school district to create an insurance reserve fund.
From the introduced text, May 15, 2026:
AN ACT to amend the general municipal law, in relation to permitting the Oswego city school district to create 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
- Ryan, Christopher (D, 50) · primary sponsor
Latest actions
- : RETURNED TO SENATE
- : PASSED ASSEMBLY
- : ORDERED TO THIRD READING RULES CAL.623
- : SUBSTITUTED FOR A11391
- : REFERRED TO WAYS AND MEANS
- : DELIVERED TO ASSEMBLY
- : PASSED SENATE
- : ORDERED TO THIRD READING CAL.1582
- : COMMITTEE DISCHARGED AND COMMITTED TO RULES
- : REFERRED TO LOCAL GOVERNMENT
Votes
- Senate Rules Committee: COMMITTEE Vote (June 2, 2026): 20 yea, 0 nay, passed
- Rules Committee Vote (June 2, 2026): 20 yea, 0 nay, passed
- FLOOR Vote (June 2, 2026): 61 yea, 0 nay, passed
Subjects: General Municipal Law
Common questions
- What is S10396?
- S10396 is a bill in the New York Legislature (2025-2026 General Assembly): Permits the Oswego city school district to create an insurance reserve fund.
- What does S10396 do?
- In its own words: An act to amend the general municipal law, in relation to permitting the Oswego city school district to create an insurance reserve fund.
- What is the status of S10396?
- Passed both chambers as of June 5, 2026. Latest action: RETURNED TO SENATE (June 5, 2026).
- Who sponsored S10396?
- Ryan, Christopher (D, 50).
- Where is the official record for S10396?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/S10396
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.