Bill Text: NY A05860 | 2011-2012 | General Assembly | Introduced

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Bill Title: Prohibits public authorities from implementing any kind of contingency compensation for their employees.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2012-01-04 - referred to corporations, authorities and commissions [A05860 Detail]

Download: New_York-2011-A05860-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5860
                              2011-2012 Regular Sessions
                                 I N  A S S E M B L Y
                                     March 2, 2011
                                      ___________
       Introduced  by M. of A. BRENNAN -- read once and referred to the Commit-
         tee on Corporations, Authorities and Commissions
       AN ACT to amend the public authorities law, in  relation  to  contingent
         compensation
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The public authorities law  is  amended  by  adding  a  new
    2  section 2807 to read as follows:
    3    S  2807.  CONTINGENCY COMPENSATION.  PUBLIC AUTHORITIES MAY NOT IMPLE-
    4  MENT ANY KIND OF CONTINGENCY COMPENSATION FOR THEIR  EMPLOYEES.  FAILURE
    5  TO ADHERE TO THIS SECTION EMPOWERS THE AUTHORITIES BUDGET OFFICE TO TAKE
    6  APPROPRIATE  ACTION AS DEFINED IN TITLE TWO OF ARTICLE ONE OF THIS CHAP-
    7  TER.  NOTHING HEREIN SHALL SUPERSEDE ANY COLLECTIVE BARGAINING AGREEMENT
    8  ENTERED INTO PRIOR TO THE EFFECTIVE DATE OF THIS SECTION.
    9    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09591-01-1