Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2012 |
referred to corporations, authorities and commissions |
Sep 21, 2011 |
referred to corporations, authorities and commissions |
Assembly Bill A8582
2011-2012 Legislative Session
Sponsored By
GALEF
Archive: Last Bill Status - In Assembly Committee
- 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
Actions
2011-A8582 (ACTIVE) - Details
2011-A8582 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8582 2011-2012 Regular Sessions I N A S S E M B L Y September 21, 2011 ___________ Introduced by M. of A. GALEF -- read once and referred to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to prohibiting bonuses for employees of public authorities THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The public authorities law is amended by adding a new section 2854 to read as follows: S 2854. PROHIBITION ON PAYMENT OF BONUSES. 1. NOTWITHSTANDING ANY PROVISION OF LAW, IN NO EVENT SHALL AN INDIVIDUAL BY OR ON BEHALF OF STATE AUTHORITIES RECEIVE ADDITIONAL COMPENSATION AS A REWARD FOR SERVICES ALREADY RENDERED AND FULLY COMPENSATED, SUCH AS A BONUS OR RETROACTIVE PAY INCREASE; PROVIDED, HOWEVER, THAT NOTHING IN THIS SECTION SHALL BE DEEMED TO PREVENT A STATE AUTHORITY FROM PAYING AN INCENTIVE TO AN INDIVIDUAL BY OR ON BEHALF OF A STATE AUTHORITY IN ACCORDANCE WITH A WRITTEN INCENTIVE PROGRAM ADOPTED BY THE BOARD OF THE STATE AUTHORITY. NO INCENTIVE SHALL BE PAID UNLESS A WRITTEN AGREEMENT SETTING FORTH A SPECIFIC PERFORMANCE GOAL OR GOALS THAT MUST BE ACHIEVED TO EARN THE INCENTIVE OR INCENTIVES IS EXECUTED BY THE EMPLOYEE BEFORE PERFORMANCE TO ACHIEVE THE GOAL OR GOALS IS BEGUN; AND THE INCENTIVE SHALL NOT BE PAID UNLESS WRITTEN DOCUMENTATION OF THE ACHIEVEMENT OF SUCH PERFORMANCE GOAL OR GOALS HAS BEEN PLACED IN THE EMPLOYEE'S PERSON- NEL FILE. 2. IN NO EVENT SHALL MEMBERS OF THE BOARD OF A STATE AUTHORITY RECEIVE BONUS OR INCENTIVE PAYMENTS. NOTHING IN THIS SECTION SHALL BE DEEMED TO PREVENT RETROACTIVE COMPENSATION INCREASES UNDER A COLLECTIVE BARGAINING AGREEMENT. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01216-08-1
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