Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Aug 17, 2011 |
approval memo.7 signed chap.482 |
Aug 05, 2011 |
delivered to governor |
Jun 21, 2011 |
returned to senate passed assembly home rule request ordered to third reading rules cal.554 substituted for a7273 |
Jun 15, 2011 |
referred to ways and means delivered to assembly passed senate home rule request ordered to third reading cal.1289 committee discharged and committed to rules |
May 11, 2011 |
referred to local government |
Senate Bill S5362
Signed By Governor2011-2012 Legislative Session
Sponsored By
(D) Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2011-S5362 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7273
- Law Section:
- Local Finance Law
- Laws Affected:
- Amd §11.00, Loc Fin L
2011-S5362 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5362 TITLE OF BILL: An act to amend the local finance law, in relation to authorizing and empowering the town of Stony Point to amortize the cost of payments to or for the benefit of employees upon separation of service from the town of Stony Point PURPOSE OR GENERAL IDEA OF BILL: This legislation would allow the town of Stony Point to amortize the cost of payments to employees upon separation of service from the town. SUMMARY OF SPECIFIC PROVISIONS: Section 1 of this bill amends paragraph a of section 11.00 of local finance law by adding a new subdivision 105 that empowers the town of Stony Point to amortize accrued and accumulated but unused and unpaid sick leave, personal leave, holiday leave, vacation time, time allowances granted in lieu of overtime compensation, premiums or contributions with respect to health, dental and vision care insurance plans for the fiscal year in which the separation occurs and any other forms of payment required to be paid to or for the benefit of such employees in connection with the separation of employment.
2011-S5362 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5362 2011-2012 Regular Sessions I N S E N A T E May 11, 2011 ___________ Introduced by Sen. CARLUCCI -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the local finance law, in relation to authorizing and empowering the town of Stony Point to amortize the cost of payments to or for the benefit of employees upon separation of service from the town of Stony Point 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 105 to read as follows: 105. PAYMENTS BY THE TOWN OF STONY POINT TO OR FOR THE BENEFIT OF EMPLOYEES UPON SEPARATION FROM EMPLOYMENT, AS MAY BE APPROVED BY THE TOWN AND INCLUDING, BUT NOT LIMITED TO, CASH PAYMENT FOR SEPARATION INCENTIVES AND/OR PAYMENT OF THE MONETARY VALUE OF ACCRUED AND ACCUMU- LATED BUT UNUSED AND UNPAID SICK LEAVE, PERSONAL LEAVE, HOLIDAY LEAVE, VACATION TIME, TIME ALLOWANCES GRANTED IN LIEU OF OVERTIME COMPENSATION, PREMIUMS OR CONTRIBUTIONS WITH RESPECT TO HEALTH, DENTAL AND VISION CARE INSURANCE PLANS FOR THE FISCAL YEAR IN WHICH SUCH SEPARATION OCCURS, AND ANY OTHER FORMS OF PAYMENT REQUIRED TO BE PAID TO OR FOR THE BENEFIT OF SUCH EMPLOYEES IN CONNECTION WITH THE 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. LBD10987-01-1
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