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Assembly Bill A5457

2013-2014 Legislative Session

Prohibits payment of bonuses to employees and board members of state authorities

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2013-A5457 (ACTIVE) - Details

Law Section:
Public Authorities Law
Laws Affected:
Add ยง2854, Pub Auth L
Versions Introduced in 2011-2012 Legislative Session:
A8582

2013-A5457 (ACTIVE) - Summary

Prohibits payment of bonuses to employees and board members of state authorities.

2013-A5457 (ACTIVE) - Bill Text download pdf 

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

                                  5457

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                            February 27, 2013
                               ___________

Introduced  by M. of A. GALEF -- read once and referred to the Committee
  on Corporations, Authorities and Commissions

AN ACT to amend the public authorities law, in relation  to  prohibiting
  bonuses for employees of public authorities

  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.   1. NOTWITHSTANDING ANY
PROVISION OF LAW, IN NO EVENT SHALL AN INDIVIDUAL BY  OR  ON  BEHALF  OF
STATE  AUTHORITIES  RECEIVE  ADDITIONAL  COMPENSATION  AS  A  REWARD FOR
SERVICES ALREADY RENDERED AND FULLY COMPENSATED,  SUCH  AS  A  BONUS  OR
RETROACTIVE  PAY  INCREASE;  PROVIDED,  HOWEVER,  THAT  NOTHING  IN THIS
SECTION SHALL BE DEEMED TO PREVENT A  STATE  AUTHORITY  FROM  PAYING  AN
INCENTIVE  TO  AN  INDIVIDUAL  BY  OR  ON BEHALF OF A STATE AUTHORITY IN
ACCORDANCE WITH A WRITTEN INCENTIVE PROGRAM ADOPTED BY THE BOARD OF  THE
STATE  AUTHORITY.  NO INCENTIVE SHALL BE PAID UNLESS A WRITTEN AGREEMENT
SETTING FORTH A SPECIFIC PERFORMANCE GOAL OR GOALS THAT MUST BE ACHIEVED
TO EARN THE INCENTIVE OR INCENTIVES IS EXECUTED BY THE  EMPLOYEE  BEFORE
PERFORMANCE  TO  ACHIEVE  THE  GOAL OR GOALS IS BEGUN; AND THE INCENTIVE
SHALL NOT BE PAID UNLESS WRITTEN DOCUMENTATION  OF  THE  ACHIEVEMENT  OF
SUCH PERFORMANCE GOAL OR GOALS HAS BEEN PLACED IN THE EMPLOYEE'S PERSON-
NEL FILE.
  2. IN NO EVENT SHALL MEMBERS OF THE BOARD OF A STATE AUTHORITY RECEIVE
BONUS  OR INCENTIVE PAYMENTS. NOTHING IN THIS SECTION SHALL BE DEEMED TO
PREVENT RETROACTIVE COMPENSATION INCREASES UNDER A COLLECTIVE BARGAINING
AGREEMENT.
  S 2. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04884-01-3

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