Assembly Bill A1846

Signed By Governor
2009-2010 Legislative Session

Prohibits state agencies from making loans to employees

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-A1846 (ACTIVE) - Details

See Senate Version of this Bill:
S3088
Law Section:
Executive Law
Laws Affected:
Add ยง170-b, Exec L

2009-A1846 (ACTIVE) - Summary

Prohibits state agencies from making loans to employees.

2009-A1846 (ACTIVE) - Sponsor Memo

2009-A1846 (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1846

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 12, 2009
                               ___________

Introduced by M. of A. MORELLE, SCHIMMINGER -- read once and referred to
  the Committee on Governmental Operations

AN  ACT  to  amend  the  executive law, in relation to prohibiting state
  agencies from offering loans to their employees

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. The executive law is amended by adding a new section 170-b
to read as follows:
  S 170-B. EMPLOYEE LOANS. 1. NO STATE AGENCY SHALL  MAKE  AVAILABLE  TO
EMPLOYEES  A LOAN OF ANY AMOUNT OF MONEY.  PROVIDED, HOWEVER, THAT NOTH-
ING IN THIS SECTION SHALL BE CONSTRUED TO IMPEDE ANY PERSON FROM RECEIV-
ING ANY AID FOR WHICH HE OR SHE IS ELIGIBLE PURSUANT  TO  ANY  STATE  OR
FEDERAL STATUTE OR REGULATION.
  2.  FOR  PURPOSES  OF THIS SECTION, THE TERM "STATE AGENCY" SHALL MEAN
ANY STATE DEPARTMENT, STATE UNIVERSITY OF NEW YORK, CITY  UNIVERSITY  OF
NEW  YORK,    AUTHORITY, BOARD, BUREAU, DIVISION, COMMISSION, COMMITTEE,
COUNCIL, OFFICE OR OTHER GOVERNMENTAL ENTITY PERFORMING  A  GOVERNMENTAL
OR PROPRIETARY FUNCTION FOR THE STATE.
  S  2.  This  act shall take effect on the ninetieth day after it shall
have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04136-01-9

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