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S 10382 New York Senate · 2025 Regular Session

Authorizes capital reserve funds for special act school districts

Summary
Authorizes capital reserve funds for special act school districts; provides that funds retained in this way can only be expended pursuant to an authorization by governing boards of such schools; provides that annual reports must be provided.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill establishes capital reserve funds for school districts, promoting fiscal responsibility and ensuring funds are used only with board authorization.85% confidence ✓ EducationSupports EducationBill authorizes capital reserve funds for school districts, enhancing infrastructure and financial stability for K-12 education.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 15, 2026 Last action May 15, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
May 15, 2026
Committee
REFERRED TO EDUCATION
upper
1 primary · 1 co-sponsor

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shelley Mayer
Shelley Mayer
DDemocratic/Working Families
NY
37
Co
Photo of Rob Rolison
Rob Rolison
RRepublican
NY
39