Provides that in each term for a trustee or voting member of a board of education of a school district or a board of cooperative educational services, elected or appointed, such trustee or member shall complete certain training and file a certificate of completion with a sworn statement of completion within the first year of such term; provides that failure to comply shall disqualify such trustee or member to serve.

New York State Senate Bill S10534 requires that every trustee or voting member of a school district's board of education or a board of cooperative educational services (BOCES), whether elected or appointed, must complete at least six hours of training on financial oversight, accountability, and fiduciary responsibilities within the first year of each term. Additionally, members must file a certificate and a sworn statement confirming completion of this training. Failure to comply will result in disqualification from serving in their position.

Supporters of the bill argue that mandatory, recurring training will enhance the financial management skills of school board members, leading to better oversight and accountability in school districts. They believe this measure will help prevent financial mismanagement and ensure that board members are well-equipped to handle their fiduciary duties.

Critics contend that the bill imposes unnecessary burdens on school board members, many of whom serve voluntarily. They argue that the mandatory training requirements could deter qualified individuals from serving and question whether the training will effectively address financial mismanagement issues.