assembly Bill A2480

Signed By Governor
2019-2020 Legislative Session

Relates to setting limits on severance packages for public at-will employees

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Archive: Last Bill Status Via S4292 - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Dec 06, 2019 signed chap.595
Nov 26, 2019 delivered to governor
Jun 04, 2019 returned to senate
passed assembly
ordered to third reading cal.489
substituted for a2480
Jun 04, 2019 substituted by s4292
May 30, 2019 advanced to third reading cal.489
reported
Mar 06, 2019 reported referred to ways and means
Jan 22, 2019 referred to corporations, authorities and commissions

Votes

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Apr 8, 2019 - Corporations, Authorities and Commissions committee Vote

S4292
7
0
committee
7
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show committee vote details

Committee Vote: Apr 8, 2019

Co-Sponsors

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A2480 (ACTIVE) - Details

See Senate Version of this Bill:
S4292
Law Section:
Public Authorities Law
Laws Affected:
Add §2854, Pub Auth L
Versions Introduced in 2017-2018 Legislative Session:
A10076

A2480 (ACTIVE) - Summary

Sets limits on severance packages equal to three months salary for public at-will employees not subject to a collective bargaining agreement or union contract.

A2480 (ACTIVE) - Bill Text download pdf


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

                                  2480

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                            January 22, 2019
                               ___________

Introduced  by M. of A. WALLACE -- read once and referred to the Commit-
  tee on Corporations, Authorities and Commissions

AN ACT to amend the public  authorities  law,  in  relation  to  setting
  limits on severance packages for public at-will employees

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. This act shall be known and may be cited as the  "severance
pay limitation act".
  §  2.    The public authorities law is amended by adding a new section
2854 to read as follows:
  § 2854. SEVERANCE PACKAGES. 1. FOR THE PURPOSES OF THIS SECTION:
  (A) "AT-WILL EMPLOYEE" SHALL MEAN AN EMPLOYEE OF ANY ENTITY  ORGANIZED
UNDER  THIS  CHAPTER.    ANY  EMPLOYEE  THAT  IS COVERED BY A COLLECTIVE
BARGAINING AGREEMENT OR  UNION  CONTRACT  SHALL  NOT  BE  CONSIDERED  AN
AT-WILL EMPLOYEE FOR THE PURPOSE OF THIS SECTION.
  (B)  "SEVERANCE PAY FOR AN AT-WILL EMPLOYEE" SHALL INCLUDE BENEFITS OR
COMPENSATION WITH A QUANTIFIABLE MONETARY VALUE THAT ARE PROVIDED FOR AN
AT-WILL EMPLOYEE UPON TERMINATION OF EMPLOYMENT AND SHALL NOT BE CONSID-
ERED PART OF THE AT-WILL EMPLOYEE'S ANNUAL WAGES AND  BENEFITS.  "SEVER-
ANCE PAY FOR AN AT-WILL EMPLOYEE" SHALL NOT INCLUDE PAYMENTS FOR ACCUMU-
LATED  VACATION,  ACCUMULATED  SICK  LEAVE,  AND  ACCUMULATED SICK LEAVE
LIQUIDATED TO COVER THE COST OF GROUP  TERM  INSURANCE  OR  PAYMENTS  OF
PERIODIC  CONTRIBUTIONS  BY AN EMPLOYER TOWARD PREMIUMS FOR GROUP INSUR-
ANCE POLICIES.
  2. NOTWITHSTANDING ANY OTHER LAW, RULE OR REGULATION TO THE  CONTRARY,
SEVERANCE  PAY PROVIDED FOR AN AT-WILL EMPLOYEE LEAVING EMPLOYMENT SHALL
NOT EXCEED AN AMOUNT EQUIVALENT TO THEIR PRIOR THREE MONTHS' SALARY.
  3. NOTWITHSTANDING ANY OTHER LAW, RULE OR REGULATION TO THE  CONTRARY,
THE SEVERANCE PAY FOR AN AT-WILL EMPLOYEE SHALL BE EXCLUDED FROM RETIRE-
MENT DEDUCTIONS AND FROM ANY CALCULATIONS OF RETIREMENT BENEFITS.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00384-01-9