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Bill > A05547
NY A05547
NY A05547Authorizes school districts to establish an extraordinary needs reserve fund for the expenses of providing special education.
summary
Introduced
02/14/2025
02/14/2025
In Committee
02/14/2025
02/14/2025
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the education law, in relation to the establishment of an extraordinary needs reserve fund
AI Summary
This bill authorizes school districts in New York to establish an extraordinary needs reserve fund specifically for special education expenses. The reserve fund would allow districts to set aside money to cover unexpected costs related to instructing students with special needs, as defined in existing education law. This provision gives school districts more financial flexibility to manage unanticipated expenses associated with providing specialized educational services, which can often be complex and costly. By creating this dedicated reserve fund, districts can better prepare for and respond to the unique and sometimes unpredictable financial challenges of supporting students with special educational requirements. The bill would take effect on the first of July following its enactment, providing school districts with a new financial planning tool to support their special education programs.
Committee Categories
Education
Sponsors (3)
Last Action
held for consideration in education (on 05/20/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A5547 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05547&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05547 |
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