Authorizes the town of Oyster Bay, county of Nassau to amortize the cost of payments to employees upon separation of service from the town.

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A10552-2011 Actions

• Jul 18, 2012: signed chap.178
• Jul 6, 2012: delivered to governor
• Jun 21, 2012: RETURNED TO ASSEMBLY
• Jun 21, 2012: PASSED SENATE
• Jun 21, 2012: HOME RULE REQUEST
• Jun 21, 2012: 3RD READING CAL.1505
• Jun 21, 2012: SUBSTITUTED FOR S7552
• Jun 20, 2012: REFERRED TO RULES
• Jun 20, 2012: delivered to senate
• Jun 20, 2012: passed assembly
• Jun 20, 2012: home rule request
• Jun 19, 2012: ordered to third reading rules cal.427
• Jun 19, 2012: rules report cal.427
• Jun 19, 2012: reported
• Jun 19, 2012: reported referred to rules
• Jun 18, 2012: reported referred to ways and means
• Jun 5, 2012: referred to governmental employees

A10552-2011 Votes

A10552-2011 Text

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

                                    10552

                            I N  ASSEMBLY

                                June 5, 2012
                                 ___________

  Introduced  by  COMMITTEE ON RULES -- (at request of M. of A. Lavine) --
    read once and referred to the Committee on Governmental Employees

  AN ACT to amend the local finance law, in relation  to  authorizing  the
    town  of Oyster Bay, 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 106 to read as follows:

    106. PAYMENTS BY THE TOWN OF OYSTER BAY TO EMPLOYEES  UPON  SEPARATION
  FROM  EMPLOYMENT,  AS MAY BE APPROVED BY THE TOWN AND INCLUDING, BUT NOT
  LIMITED TO, SUCH PAYMENTS, CASH PAYMENT FOR SEPARATION 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 SEPARATION  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.
                                                             LBD16116-01-2