Assembly Bill A10261

Signed By Governor
2011-2012 Legislative Session

Authorizes the village of Lynbrook, in the county of Nassau, to finance employee separation costs over a period of 10 years

download bill text pdf

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Archive: Last Bill Status - 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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2011-A10261 (ACTIVE) - Details

See Senate Version of this Bill:
S7435
Law Section:
Local Finance Law
Laws Affected:
Amd ยง11.00, Loc Fin L

2011-A10261 (ACTIVE) - Summary

Authorizes the village of Lynbrook, in the county of Nassau, to finance employee separation costs over a period of 10 years.

2011-A10261 (ACTIVE) - Bill Text download pdf 

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

                                  10261

                          I N  A S S E M B L Y

                              May 16, 2012
                               ___________

Introduced by M. of A. CURRAN -- read once and referred to the Committee
  on Local Governments

AN  ACT  to  amend the local finance law, in relation to authorizing the
  village of Lynbrook, in the county of Nassau, to amortize the cost  of
  payments  to  certain  employees  upon separation of service from such
  village

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

  Section  1.  Paragraph  a of section 11.00 of the local finance law is
amended by adding a new subdivision 106 to read as follows:
  106. PAYMENTS BY THE VILLAGE OF LYNBROOK, IN  THE  COUNTY  OF  NASSAU,
MADE  ON  OR  AFTER  APRIL FIRST, TWO THOUSAND ELEVEN, TO EMPLOYEES UPON
SEPARATION FROM EMPLOYMENT, AS MAY  BE  APPROVED  BY  SUCH  VILLAGE  AND
INCLUDING,  BUT  NOT  LIMITED TO, CASH PAYMENT FOR SEPARATION INCENTIVES
AND/OR PAYMENT OF THE MONETARY VALUE  OF  ACCRUED  AND  ACCUMULATED  BUT
UNUSED  AND  UNPAID  SICK LEAVE, PERSONAL LEAVE, HOLIDAY LEAVE, VACATION
TIME, TIME ALLOWANCES GRANTED IN LIEU OF OVERTIME COMPENSATION  AND  ANY
OTHER  FORMS OF PAYMENT REQUIRED TO BE PAID TO SUCH EMPLOYEES UPON SEPA-
RATION FROM EMPLOYMENT, TEN YEARS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15870-01-2

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