STATE OF NEW YORK
        ________________________________________________________________________
                                          6799
                    IN SENATE
                                    February 23, 2016
                                       ___________
        Introduced  by  Sen.  HANNON -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
        AN ACT to amend the local finance law, in relation  to  authorizing  the
          town  of Hempstead, county of Nassau, to amortize the cost of payments
          to employees upon separation of service from the town
          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 by the town of Hempstead, county of Nassau, to employees
     4  upon separation from employment, as may be  approved  by  the  town  and
     5  including,  but  not  limited  to, such payments, cash payment for sepa-
     6  ration incentives and/or payment of the monetary value  of  accrued  and
     7  accumulated  but  unused  and  unpaid sick leave, vacation time, and any
     8  other forms of payment required to be paid to such employees upon  sepa-
     9  ration from employment, ten years.
    10    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14183-01-6