Senate Bill S3088

Signed By Governor
2009-2010 Legislative Session

Prohibits state agencies from making loans to employees

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A1846 - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2009-S3088 (ACTIVE) - Details

See Assembly Version of this Bill:
A1846
Law Section:
Executive Law
Laws Affected:
Add ยง170-b, Exec L

2009-S3088 (ACTIVE) - Summary

Prohibits state agencies from making loans to employees.

2009-S3088 (ACTIVE) - Sponsor Memo

2009-S3088 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  3088

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             March 10, 2009
                               ___________

Introduced  by  Sen. VALESKY -- read twice and ordered printed, and when
  printed to be committed to the Committee on Finance

AN ACT to amend the executive law,  in  relation  to  prohibiting  state
  agencies from offering loans to their employees

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. The executive law is amended by adding a new section  170-b
to read as follows:
  S  170-B.  EMPLOYEE  LOANS. 1. NO STATE AGENCY SHALL MAKE AVAILABLE TO
EMPLOYEES A LOAN OF ANY AMOUNT OF MONEY.  PROVIDED, HOWEVER, THAT  NOTH-
ING IN THIS SECTION SHALL BE CONSTRUED TO IMPEDE ANY PERSON FROM RECEIV-
ING  ANY  AID  FOR  WHICH HE OR SHE IS ELIGIBLE PURSUANT TO ANY STATE OR
FEDERAL STATUTE OR REGULATION.
  2. FOR PURPOSES OF THIS SECTION, THE TERM "STATE  AGENCY"  SHALL  MEAN
ANY  STATE  DEPARTMENT, STATE UNIVERSITY OF NEW YORK, CITY UNIVERSITY OF
NEW YORK,  AUTHORITY, BOARD, BUREAU,  DIVISION,  COMMISSION,  COMMITTEE,
COUNCIL,  OFFICE  OR OTHER GOVERNMENTAL ENTITY PERFORMING A GOVERNMENTAL
OR PROPRIETARY FUNCTION FOR THE STATE.
  S 2. This act shall take effect on the ninetieth day  after  it  shall
have become a law.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD04136-01-9


              

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