Bill Text: NY S04928 | 2015-2016 | General Assembly | Amended

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Bill Title: Provides that the comptroller shall cause, in accordance with the rules and regulations promulgated by the comptroller, that a state employee's net salary may be deposited directly in a bank for any purpose to an account in the name of such employee.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-01-13 - PRINT NUMBER 4928A [S04928 Detail]

Download: New_York-2015-S04928-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         4928--A
                               2015-2016 Regular Sessions
                    IN SENATE
                                     April 23, 2015
                                       ___________
        Introduced  by  Sen.  GOLDEN -- (at request of the State Comptroller) --
          read twice and ordered printed, and when printed to  be  committed  to
          the Committee on Finance -- recommitted to the Committee on Finance in
          accordance  with  Senate  Rule 6, sec. 8 -- committee discharged, bill
          amended, ordered reprinted as amended and recommitted to said  commit-
          tee
        AN ACT to amend the state finance law, in relation to the direct deposit
          of certain salaries
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (a) of subdivision 4 of section 200 of the  state
     2  finance  law,  as amended by chapter 641 of the laws of 1997, is amended
     3  to read as follows:
     4    (a) (i) Upon the written request from a state  employee  hired  on  or
     5  before January first, two thousand seventeen, the comptroller may cause,
     6  in  accordance  with  the  rules and regulations promulgated pursuant to
     7  paragraph (b) of this subdivision, such employee's net  salary,  or  any
     8  portion  thereof designated by the employee, to be deposited directly in
     9  a bank for any purpose to an account in the name of  such  employee,  on
    10  forms  provided  by  the  comptroller, and duly filed in accordance with
    11  such regulations.
    12    (ii) On and after January first, two  thousand  seventeen,  the  comp-
    13  troller  shall  cause,  in  accordance  with  the  rules and regulations
    14  promulgated pursuant to paragraph  (b)  of  this  subdivision,  a  state
    15  employee's net salary to be deposited directly in a bank for any purpose
    16  to  an  account  in  the name of such employee, on forms provided by the
    17  comptroller,  and  duly  filed  in  accordance  with  such  regulations.
    18  Provided, however, such employee may submit a request for exemption from
    19  the  provisions  of  this  subparagraph  on a form provided by the comp-
    20  troller.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07124-03-5