Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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May 06, 2022 | signed chap.186 |
Apr 27, 2022 | delivered to governor |
Mar 01, 2022 | returned to assembly passed senate 3rd reading cal.489 substituted for s3577 |
Mar 01, 2022 | substituted by a7786 |
Feb 16, 2022 | advanced to third reading |
Feb 15, 2022 | 2nd report cal. |
Feb 14, 2022 | 1st report cal.489 |
Jan 05, 2022 | referred to insurance returned to senate died in assembly |
Jun 10, 2021 | ordered to third reading rules cal.794 substituted for a7786 |
Mar 23, 2021 | referred to insurance delivered to assembly passed senate |
Mar 18, 2021 | advanced to third reading |
Mar 17, 2021 | 2nd report cal. |
Mar 16, 2021 | 1st report cal.572 |
Jan 30, 2021 | referred to insurance |
senate Bill S3577
Signed By GovernorSponsored By
Neil D. Breslin
(D, WF) 46th Senate District
Archive: Last Bill Status Via A7786 - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
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S3577 (ACTIVE) - Details
S3577 (ACTIVE) - Summary
Requires the department of financial services, in consultation with the department of taxation and finance, to conduct a study regarding insurance or other risk mitigation tools and third-party payroll service providers; provides that the superintendent of financial services shall submit a report to the governor, the temporary president of the senate and the speaker of the assembly of the department's findings, conclusions, and recommendations.
S3577 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3577 SPONSOR: BRESLIN TITLE OF BILL: An act in relation to requiring the department of financial services, in consultation with the department of taxation and finance, to conduct a study regarding insurance or other risk mitigation tools and third-party payroll service providers PURPOSE: To require the department of financial services to conduct a study regarding third-party payroll service providers SUMMARY OF PROVISIONS: This bill requires the Superintendent of the Department of Financial Services, in consultation with the Commissioner of the Department of Taxation and Finance, to conduct a study in which the Superintendent will review the adequacy of employee protections and small business employer protections in the payroll services industry, The Superinten- dent shall make recommendations regarding the same. The bill requires
S3577 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3577 2021-2022 Regular Sessions I N S E N A T E January 30, 2021 ___________ Introduced by Sen. BRESLIN -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT in relation to requiring the department of financial services, in consultation with the department of taxation and finance, to conduct a study regarding insurance or other risk mitigation tools and third- party payroll service providers THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. 1. The superintendent of financial services, in consulta- tion with the commissioner of taxation and finance, shall review the adequacy of employee protections and small business employer protections in the payroll services industry. The superintendent shall make recom- mendations regarding the same. Such review shall include but not be limited to: (a) the present state of employee protections in the payroll services industry; (b) the present state of small business employer protections in the payroll services industry; (c) the incidence of fraud or misappropriation of payroll funds in the payroll services industry; (d) the number of small businesses in New York that use payroll service providers; (e) the number and size of payroll service providers in New York; (f) specific causal or facilitative facts regarding instances of fraud or misappropriation by payroll service providers; (g) the feasibility and advisability of requiring payroll service providers to obtain insurance, post bonds, or utilize other risk manage- ment tools to address potential situations in which payroll monies owed to employees on behalf of businesses are stolen, misappropriated, or otherwise rendered unavailable after being transmitted from an employer to a payroll service provider or an affiliated entity; and EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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