Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jul 18, 2012 |
signed chap.178 |
Jul 06, 2012 |
delivered to governor |
Jun 21, 2012 |
returned to assembly passed senate home rule request 3rd reading cal.1505 substituted for s7552 |
Jun 21, 2012 |
substituted by a10552 ordered to third reading cal.1505 committee discharged and committed to rules |
Jun 01, 2012 |
referred to local government |
Senate Bill S7552
Signed By Governor2011-2012 Legislative Session
Sponsored By
There are no sponsors of this bill.
Archive: Last Bill Status Via A10552 - 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
Actions
Votes
2011-S7552 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10552
- Law Section:
- Local Finance Law
- Laws Affected:
- Amd ยง11.00, Loc Fin L
2011-S7552 (ACTIVE) - Sponsor Memo
BILL NUMBER:S7552 TITLE OF BILL: An act to amend the local finance law, in relation to authorizing the town of Oyster Bay, county of Nassau to amortize the cost of payments to employees upon separation of service from the town PURPOSE: This legislation would allow the Town of Oyster Bay to amortize the cost of payments to employees upon separation of service from the town. SUMMARY OF PROVISIONS: Section 1 of this bill amends paragraph a of section 11.00 of local finance law by adding a new subdivision 106 that empowers the Town of Oyster Bay to amortize accrued and accumulated but unused and unpaid sick leave, personal leave, holiday leave, vacation time, time allow- ances granted in lieu of overtime compensation and any other forms of payment for time earned by employees of the Town of Oyster Bay and paya- ble to such employees upon separation of service from the Town. The bill permits the town to amortize any such separation payments made by the Town. Section 2 authorizes this act shall take effect immediately. JUSTIFICATION: This legislation would allow the Town of Oyster Bay to spread the impact
2011-S7552 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7552 I N S E N A T E June 1, 2012 ___________ Introduced by COMMITTEE ON RULES -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the local finance law, in relation to authorizing the town of Oyster Bay, county of Nassau to amortize the cost of payments to employees upon separation of service from the town 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. PAYMENTS BY THE TOWN OF OYSTER BAY TO EMPLOYEES UPON SEPARATION FROM EMPLOYMENT, AS MAY BE APPROVED BY THE TOWN AND INCLUDING, BUT NOT LIMITED TO, SUCH PAYMENTS, CASH PAYMENT FOR SEPARATION INCENTIVES AND/OR PAYMENT OF THE MONETARY VALUE OF ACCRUED AND ACCUMULATED BUT UNUSED AND UNPAID SICK LEAVE, VACATION TIME, 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. LBD16116-01-2
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