Bill Text: NY S06270 | 2015-2016 | General Assembly | Amended

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Bill Title: Authorizes the village of Amityville, county of Suffolk, to amortize the cost of payments to certain employees upon separation of service from the village.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2016-06-17 - COMMITTED TO RULES [S06270 Detail]

Download: New_York-2015-S06270-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         6270--A
            Cal. No. 528
                    IN SENATE
                                       (Prefiled)
                                     January 6, 2016
                                       ___________
        Introduced  by Sen. VENDITTO -- read twice and ordered printed, and when
          printed to be committed  to  the  Committee  on  Local  Government  --
          reported  favorably  from  said committee, ordered to first and second
          report, ordered to a third reading,  amended  and  ordered  reprinted,
          retaining its place in the order of third reading
        AN  ACT  to  amend the local finance law, in relation to authorizing and
          empowering the village of Amityville, county of Suffolk,  to  amortize
          the  cost  of payments to certain employees upon separation of service
          from the village
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Paragraph  a of section 11.00 of the local finance law is
     2  amended by adding a new subdivision 108 to read as follows:
     3    108. Payments up to eight hundred seventy thousand dollars made on  or
     4  after  January  1, 2015 by the village of Amityville, county of Suffolk,
     5  to employees upon separation from employment, as may be approved by  the
     6  village  and  including, but not limited to, cash payment for separation
     7  incentives and/or payment of the monetary value of accrued  and  accumu-
     8  lated  but  unused and unpaid sick leave, personal leave, holiday leave,
     9  vacation time, time allowances granted in lieu of overtime  compensation
    10  and  any  other  forms  of payment required to be paid to such employees
    11  upon separation from employment, ten years.
    12    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13228-02-6