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Assembly Bill A9844

2015-2016 Legislative Session

Authorizes the town of Hempstead, in the county of Nassau, to amortize over a period of 10 years, the payments made to town employees upon separation from employment

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Archive: Last Bill Status - Stricken

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2015-A9844 (ACTIVE) - Details

See Senate Version of this Bill:
S6799
Law Section:
Local Finance Law
Laws Affected:
Amd ยง11.00, Loc Fin L

2015-A9844 (ACTIVE) - Summary

Authorizes the town of Hempstead, in the county of Nassau, to amortize over a period of 10 years, the payments made to town employees upon separation from employment.

2015-A9844 (ACTIVE) - Bill Text download pdf 

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

                                  9844

                          I N  A S S E M B L Y

                             April 15, 2016
                               ___________

Introduced by M. of A. SALADINO -- read once and referred to the Commit-
  tee on Local Governments

AN  ACT  to  amend the local finance law, in relation to authorizing the
  town of Hempstead, 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 108 to read as follows:
  108. PAYMENTS BY THE TOWN OF HEMPSTEAD, COUNTY OF NASSAU, TO EMPLOYEES
UPON  SEPARATION  FROM  EMPLOYMENT,  AS  MAY BE APPROVED BY THE TOWN AND
INCLUDING, BUT NOT LIMITED TO, SUCH PAYMENTS,  CASH  PAYMENT  FOR  SEPA-
RATION  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 SEPA-
RATION 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.
                                                           LBD14183-01-6

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