Bill Text: NY S02679 | 2011-2012 | General Assembly | Introduced
Bill Title: Authorizes the city of Kingston to amortize the cost of payments to employees upon separation of service from such city during 2011.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-05-16 - RECOMMIT, ENACTING CLAUSE STRICKEN [S02679 Detail]
Download: New_York-2011-S02679-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
2679
2011-2012 Regular Sessions
I N S E N A T E
January 28, 2011
___________
Introduced by Sen. LARKIN -- 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 city of Kingston to amortize the cost of payments to
employees upon separation of service from the city during 2010
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 105 to read as follows:
3 105. PAYMENTS BY THE CITY OF KINGSTON TO EMPLOYEES UPON SEPARATION
4 FROM EMPLOYMENT DURING THE PERIOD JANUARY FIRST, TWO THOUSAND ELEVEN
5 THROUGH AND INCLUDING DECEMBER THIRTY-FIRST, TWO THOUSAND ELEVEN, AS MAY
6 BE APPROVED BY THE CITY AND INCLUDING, BUT NOT LIMITED TO, CASH PAYMENT
7 FOR SEPARATION INCENTIVES AND/OR PAYMENT OF THE MONETARY VALUE OF
8 ACCRUED AND ACCUMULATED BUT UNUSED AND UNPAID SICK LEAVE, PERSONAL
9 LEAVE, HOLIDAY LEAVE, VACATION TIME, TIME ALLOWANCES GRANTED IN LIEU OF
10 OVERTIME COMPENSATION AND ANY OTHER FORMS OF PAYMENT REQUIRED TO BE PAID
11 TO SUCH EMPLOYEES UPON SEPARATION FROM EMPLOYMENT, FIVE YEARS.
12 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD00879-01-1
