New York 2025-2026 Regular Session

New York Assembly Bill A06809

Introduced
3/14/25  
Refer
3/14/25  

Caption

Relates to repair reserve funds for municipal corporations, school districts, boards of cooperative educational services, district corporations and improvement districts.

Summary

Bill A06809 amends the general municipal law and education law concerning repair reserve funds for municipal corporations, school districts, boards of cooperative educational services, district corporations, and improvement districts. It allows these entities to establish special repair reserve funds to cover emergency repairs and mandates that a certain percentage of funds expended be repaid in subsequent fiscal years. The bill also outlines the procedures for appropriating funds from these reserves, including public notice and hearings before fund expenditures can occur.

Impact

The bill impacts state laws by formalizing the process for establishing and utilizing repair reserve funds across various municipal and educational entities. It stipulates that funds can only be used for non-recurring repairs and requires transparency through public hearings and notifications to component districts. This may enhance fiscal responsibility and accountability among local governments and educational boards.

Sentiment

The general sentiment around Bill A06809 appears to be supportive, as it aims to improve financial management and accountability for emergency repairs in public entities. However, the lack of voting history and committee discussions suggests that there may be limited public engagement or contention at this stage.

Contention

Notable points of contention may arise regarding the repayment requirements for funds expended from the repair reserve, as some stakeholders might argue this could strain budgets in subsequent years. Additionally, the requirement for public hearings and notifications may be seen as an administrative burden by some governing bodies.

Companion Bills

No companion bills found.

Previously Filed As

NY A02748

Relates to repair reserve funds for municipal corporations, school districts, boards of cooperative educational services, district corporations and improvement districts.

NY HB2999

municipal improvement districts; technical correction

NY HB2597

Municipal improvement districts; enhanced services

NY HB4064

municipal improvement districts; petitions

NY S06073

Establishes an energy reserve fund for school districts and boards of cooperative educational services.

NY SB787

Cooperative Housing Corporations and Condominiums - Funding of Reserve Accounts and Timing of Reserve Studies

NY SB576

Cooperative Housing Corporations and Condominiums - Emergency Use of Reserve Funds

NY HB1615

Cooperative Housing Corporations and Condominiums - Emergency Use of Reserve Funds

NY HB4078

Relating to public improvement districts located in certain municipalities.

NY A08377

Provides for the employment of school nurses for the inspection of pupils attending certain public schools; relates to school districts and boards of cooperative educational services.

Similar Bills

AR SB425

To Amend Various Provisions Of The Arkansas Code Concerning Enhanced Transportation; And To Declare An Emergency.

TX HB5663

Relating to the authority of the Wood County Central Hospital District of Wood County, Texas, to provide brain and memory care services to residents of the hospital district through the creation and operation of brain and memory health care services districts.

KY HR1

A RESOLUTION establishing the 2026 membership of the Kentucky State House of Representatives.

KY HR1

A RESOLUTION establishing the 2025 membership of the Kentucky State House of Representatives.

LA HB719

Provides relative to the number of assistant district attorneys in each judicial district (RE +$2,274,000 GF EX See Note)

KY HR1

A RESOLUTION establishing the 2022 membership of the Kentucky State House of Representatives.

LA SB454

Provides for a population based allocation of assistant district attorney positions in the state. (7/1/26) (OR +$397,950 GF EX See Note)

VA HB29

Chaptered