Authorizes the village of Amityville, county of Suffolk, to amortize the cost of payments to certain employees upon separation of service from the village.
STATE OF NEW YORK
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6270--A
Cal. No. 528
IN SENATE(Prefiled)
January 6, 2016
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Introduced by Sen. VENDITTO -- read twice and ordered printed, and when
printed to be committed to the Committee on Local Government --
reported favorably from said committee, ordered to first and second
report, ordered to a third reading, amended and ordered reprinted,
retaining its place in the order of third reading
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. Payments up to eight hundred seventy thousand dollars made on or
4 after January 1, 2015 by the village of Amityville, county of Suffolk,
5 to employees upon separation from employment, as may be approved by the
6 village and including, but not limited to, cash payment for separation
7 incentives and/or payment of the monetary value of accrued and accumu-
8 lated but unused and unpaid sick leave, personal leave, holiday leave,
9 vacation time, time allowances granted in lieu of overtime compensation
10 and any other forms of payment required to be paid to such employees
11 upon separation from employment, ten years.
12 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13228-02-6
