Bill S6786-2009

Provides for a period of probable usefulness to the payment for separation incentive program by the town of East Hampton, county of Suffolk

Provides for a period of probable usefulness to the payment for separation incentive program by the town of East Hampton, county of Suffolk.

Details

Actions

  • Jun 15, 2010: REPORTED AND COMMITTED TO RULES
  • Mar 24, 2010: REPORTED AND COMMITTED TO FINANCE
  • Feb 5, 2010: REFERRED TO LOCAL GOVERNMENT

Votes

VOTE: COMMITTEE VOTE: - Local Government - Mar 24, 2010
Ayes (6): Stewart-Cousins, Oppenheimer, Valesky, Thompson, Little, Bonacic
Ayes W/R (1): Johnson C
Excused (1): Morahan

Memo

 BILL NUMBER:  S6786

TITLE OF BILL : An act to amend the local finance law, in relation to providing for a period of probable usefulness to the payment for a separation incentive program by the town of East Hampton, county of Suffolk

PURPOSE : This legislation provides for a period of probable usefulness to the payment for separation incentive program by the town of East Hampton, county of Suffolk.

SUMMARY OF PROVISIONS : Paragraph a of section 11.00 of the local finance law is amended by adding a new subdivision 105 allowing the payments by the town of East Hampton, county of Suffolk for a Town approved employee separation incentive program to be spread over a ten-year period.

JUSTIFICATION : Over the past three years, the Town of East Hampton has operated under deficit budgets as indicated by an audit conducted by the state comptroller. The audit also indicates that the town should incorporate cost saving measures in subsequent budgets in order to return to a sound financial condition. As a result, the town is currently seeking to implement many cost saving measures.

One of the proposed measures to be adopted will be the consolidation of government services. To best achieve this goal and avoid direct layoffs, the town would like to implement a voluntary separation incentive program for eligible employees. The Town would issue a 10year term bond to amortize the costs incurred by the program. This legislation would allow the town to achieve a reduction in work force and realize an ongoing net savings through a plan that will be least disruptive to the employees. Similar legislation has been enacted for Nassau County in the past.

LEGISLATIVE HISTORY : New Legislation, 2010.

FISCAL IMPLICATIONS : None to the State.

EFFECTIVE DATE : This act shall take effect immediately.

Text

STATE OF NEW YORK ________________________________________________________________________ S. 6786 A. 9879 S E N A T E - A S S E M B L Y February 5, 2010 ___________
IN SENATE -- Introduced by Sen. LAVALLE -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment IN ASSEMBLY -- Introduced by M. of A. THIELE -- read once and referred to the Committee on Governmental Employees AN ACT to amend the local finance law, in relation to providing for a period of probable usefulness to the payment for a separation incen- tive program by the town of East Hampton, county of Suffolk 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 EAST HAMPTON, COUNTY OF SUFFOLK TO 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 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.

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