Relates to the probable usefulness of judgments, compromised claims or settled claims resulting from certain child sexual abuse cases

This bill extends the payment timeline for settlements related to child sexual abuse cases against school districts. It allows school districts, boards of cooperative educational services, and similar entities to pay judgments or settlements from these cases over up to 30 years, instead of the previous shorter period. The change applies specifically to cases settled under Civil Practice Law and Rules Section 214-g. This directly affects school districts facing liability from such lawsuits by spreading out their financial obligation. The bill modifies the Local Finance Law to implement this 30-year payment window for qualifying claims.