S T A T E O F N E W Y O R K
________________________________________________________________________
182
2011-2012 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 5, 2011
___________
Introduced by M. of A. CAHILL -- read once and referred to the Committee
on Cities
AN ACT to amend the local finance law, in relation to authorizing and
empowering the city of Kingston to amortize the cost of payments to
employees upon separation of service from the city during 2010
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 105 to read as follows:
105. PAYMENTS BY THE CITY OF KINGSTON TO EMPLOYEES UPON SEPARATION
FROM EMPLOYMENT DURING THE PERIOD JANUARY FIRST, TWO THOUSAND ELEVEN
THROUGH AND INCLUDING DECEMBER THIRTY-FIRST, TWO THOUSAND ELEVEN, 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, FIVE 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.
LBD00879-01-1