S T A T E O F N E W Y O R K ________________________________________________________________________ 6270 I N S E N A T E (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 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. ANY PAYMENTS MADE ON OR AFTER JANUARY 1, 2015 BY THE VILLAGE OF 4 AMITYVILLE, COUNTY OF SUFFOLK, TO EMPLOYEES UPON SEPARATION FROM EMPLOY- 5 MENT, AS MAY BE APPROVED BY THE VILLAGE AND INCLUDING, BUT NOT LIMITED 6 TO, CASH PAYMENT FOR SEPARATION INCENTIVES AND/OR PAYMENT OF THE MONE- 7 TARY VALUE OF ACCRUED AND ACCUMULATED BUT UNUSED AND UNPAID SICK LEAVE, 8 PERSONAL LEAVE, HOLIDAY LEAVE, VACATION TIME, TIME ALLOWANCES GRANTED IN 9 LIEU OF OVERTIME COMPENSATION AND ANY OTHER FORMS OF PAYMENT REQUIRED TO 10 BE PAID TO SUCH EMPLOYEES UPON SEPARATION FROM EMPLOYMENT, TEN YEARS. 11 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13228-01-5