S T A T E O F N E W Y O R K
________________________________________________________________________
50
Eighth Extraordinary Session
I N S E N A T E
June 29, 2009
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Introduced by COMMITTEE ON RULES -- (at request of the Governor) -- read
twice and ordered printed, and when printed to be committed to the
Committee on Rules
AN ACT to amend the local finance law, in relation to authorizing and
empowering the county of Nassau to amortize the cost of payments to
employees upon separation of service from the county
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph a of section 11.00 of the local finance law is
amended by adding a new subdivision 104 to read as follows:
104. PAYMENTS BY THE COUNTY OF NASSAU TO EMPLOYEES UPON SEPARATION
FROM EMPLOYMENT, AS MAY BE APPROVED BY THE COUNTY AND INCLUDING, BUT NOT
LIMITED TO, CASH PAYMENT FOR SEPARATION INCENTIVES AND/OR PAYMENT OF THE
MONETARY VALUE OF ACCRUED AND ACCUMULATED BUT UNUSED AND UNPAID SICK
LEAVE, PERSONAL LEAVE, HOLIDAY LEAVE, VACATION TIME, TIME ALLOWANCES
GRANTED IN LIEU OF OVERTIME COMPENSATION AND ANY OTHER FORMS OF PAYMENT
REQUIRED TO BE PAID TO SUCH EMPLOYEES UPON SEPARATION FROM EMPLOYMENT,
TEN YEARS.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD12127-01-9