Permits the Clarence central school district to establish an insurance reserve fund

This bill allows the Clarence Central School District to create an insurance reserve fund to help pay for covered losses, claims, or legal judgments. The legislation amends state law to specifically include this school district alongside several others that are already permitted to establish such funds. Under the new rules, the district can use money from the reserve for insurance-related risks, provided it does not conflict with other existing reserve funds or specific exclusions listed in state insurance and labor laws. The change takes effect immediately upon passage.