senate Bill S4484

2011-2012 Legislative Session

Prohibits bonuses for employees, officers and members of governing boards of state authorities who are members of the New York State retirement system

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (3)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to corporations, authorities and commissions
May 18, 2011 reported and committed to finance
Apr 06, 2011 referred to corporations, authorities and commissions

Votes

view votes

May 18, 2011 - Corporations, Authorities and Commissions committee Vote

S4484
5
0
committee
5
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Corporations, Authorities and Commissions committee vote details

Corporations, Authorities and Commissions Committee Vote: May 18, 2011

aye wr (1)

Co-Sponsors

S4484 - Details

Law Section:
Public Authorities Law
Laws Affected:
Add ยง2854, Pub Auth L

S4484 - Summary

Prohibits bonuses for employees, officers and members of governing boards of state authorities who are members of the New York State retirement system, as a result of or by virtue of employment or membership in the public authority.

S4484 - Sponsor Memo

S4484 - Bill Text download pdf

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

                                  4484

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                              April 6, 2011
                               ___________

Introduced by Sens. RANZENHOFER, DeFRANCISCO, JOHNSON, LARKIN, LIBOUS --
  read  twice  and  ordered printed, and when printed to be committed to
  the Committee on Corporations, Authorities and Commissions

AN ACT to amend the public authorities law, in relation  to  prohibiting
  bonuses  for  employees,  officers  and members of governing boards of
  state authorities who are members of the  New  York  State  retirement
  system

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

  Section 1. The public authorities law  is  amended  by  adding  a  new
section 2854 to read as follows:
  S 2854. PROHIBITION ON PAYMENT OF BONUSES FOR CERTAIN EMPLOYEES, OFFI-
CERS  AND  MEMBERS  OF GOVERNING BOARDS. NO BONUS OF ANY NATURE SHALL BE
PAID TO ANY EMPLOYEE, OFFICER OR MEMBER OF A GOVERNING BOARD OF A  STATE
AUTHORITY  WHO IS A MEMBER OF THE NEW YORK STATE RETIREMENT SYSTEM, AS A
RESULT OF OR BY VIRTUE OF EMPLOYMENT OR MEMBERSHIP IN THE STATE AUTHORI-
TY.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09956-01-1

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