Senate Bill S7454

Signed By Governor
2011-2012 Legislative Session

Authorizes the city of Glen Cove to amortize the cost of payments to employees upon separation of service from the city

download bill text pdf

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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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2011-S7454 (ACTIVE) - Details

See Assembly Version of this Bill:
A10299
Law Section:
Local Finance Law
Laws Affected:
Amd ยง11.00, Loc Fin L

2011-S7454 (ACTIVE) - Summary

Authorizes the city of Glen Cove to amortize the cost of payments to employees upon separation of service from the city.

2011-S7454 (ACTIVE) - Sponsor Memo

2011-S7454 (ACTIVE) - Bill Text download pdf

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

    S. 7454                                                 A. 10299

                      S E N A T E - A S S E M B L Y

                              May 21, 2012
                               ___________

IN  SENATE  --  Introduced  by Sen. MARCELLINO -- read twice and ordered
  printed, and when printed to be committed to the  Committee  on  Local
  Government

IN  ASSEMBLY  -- Introduced by M. of A. LAVINE -- read once and referred
  to the Committee on Governmental Employees

AN ACT to amend the local finance law, in relation  to  authorizing  the
  city  of  Glen Cove, county of Nassau to amortize the cost of payments
  to employees upon separation of service from the city

  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 106 to read as follows:
  106. ANY PAYMENTS BY THE CITY OF GLEN COVE MADE AFTER  JANUARY  FIRST,
TWO THOUSAND TWELVE TO EMPLOYEES UPON SEPARATION FROM EMPLOYMENT, AS MAY
BE  APPROVED BY THE CITY 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.
                                                           LBD15880-01-2


              

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