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Who cares
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Sponsors
1 Co-sponsor
History
- Vetoed memo.6817
- Delivered to governor
- Returned to senate
- Passed assembly
- Ordered to third reading rules cal.532
- Substituted for A10251
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 45–13
- Ordered to third reading cal.1047
- Committee discharged and committed to rules
- Referred to education
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to school district finance security taskforce
Assembly Floor Calendar · Sponsor Catherine Nolan
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the education law, in relation to creating "the school district finance security task force"
Purpose or general idea of bill
This bill establishes a task force to develop guidelines for school districts about security for funds in bank and other financial accounts.
Summary of specific provisions
This bill adds a new article 9-A to the education law and establishes a school district finance security task force to develop guidelines for school districts to protect school district funds deposited with banks and other financial institutions from adverse consequences such as theft and cyber-theft.
Justification
Recently school districts have been challenged by cyber theft, electronic fraud and other computer crimes. School funds deposited in bank accounts have been stolen. Sensitive data has been compromised. These incidents highlight the adversity of money management in today's world. This bill seeks to help school districts protect their resources and financial transactions.
This bill establishes a task force to develop guidelines for schools about money management security. The bill directs the state education, banking and homeland security agencies to investigate security issues that affect school districts and their financial management, develop guidelines for best practices to secure school district finances and make recommendations for legislation.
Prior legislative history
New bill.
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.