S04624 Summary:

BILL NOS04624
 
SAME ASNo Same As
 
SPONSORRANZENHOFER
 
COSPNSRJACOBS
 
MLTSPNSR
 
Add §2854, Pub Auth L
 
Prohibits certain employment agreements by state and local authorities.
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S04624 Actions:

BILL NOS04624
 
03/18/2019REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
01/08/2020REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
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S04624 Committee Votes:

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S04624 Floor Votes:

There are no votes for this bill in this legislative session.
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S04624 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4624
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                     March 18, 2019
                                       ___________
 
        Introduced by Sens. RANZENHOFER, JACOBS -- read twice and ordered print-
          ed, and when printed to be committed to the Committee on Corporations,
          Authorities and Commissions
 
        AN  ACT  to  amend the public authorities law, in relation to employment
          agreements by state and local authorities

          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 2854 to read as follows:
     3    § 2854. Employment agreements. No state or local authority shall enter
     4  into an employment contract or agreement or extension or  renewal  of  a
     5  contract  or  agreement with any person that provides that, in the event
     6  the person shall cease employment, such person shall receive any payment
     7  or other benefit not required by state or federal law: (a) in an  amount
     8  in  excess  of the periodic payment or benefit such person was receiving
     9  when employment ended; or (b) for a period in excess of ten weeks  after
    10  such employment ends.
    11    §  2.  This  act  shall take effect immediately and shall apply to any
    12  contract or renewal or extension of contract dated after this act  shall
    13  have become a law.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02222-01-9
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