Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 05, 2022 |
referred to finance |
Mar 25, 2021 |
referred to finance |
Senate Bill S6007
2021-2022 Legislative Session
Sponsored By
(D) 10th Senate District
Archive: Last Bill Status - In Senate Committee Finance 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
2021-S6007 (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- State Finance Law
- Laws Affected:
- Add §99-ii, St Fin L
- Versions Introduced in Other Legislative Sessions:
-
2019-2020:
S8449
2023-2024: S4623
2021-S6007 (ACTIVE) - Summary
Enacts the COVID-19 essential workers appreciation act which requires businesses who have increased their profits due to the outbreak of COVID-19 to deposit five percent of gross profits into a fund to be used by the COVID-19 essential workers appreciation task force to make awards to essential employees and families of essential employees who have died as a result of contracting COVID-19.
2021-S6007 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6007 SPONSOR: SANDERS TITLE OF BILL: An act to amend the state finance law, in relation to enacting the COVID-19 essential workers appreciation act PURPOSE: To create a fund for essential workers, especially those working in and around retail outlets, to monetarily reward them for their efforts. during the Coronavirus crisis. Eligible family members of any employee of an essential business who died as a result of the contracting COVID19 will also be qualified to receive funding. SUMMARY OF PROVISIONS: Creates the COVID-19 Essential Workers Appreciation Fund. The fund will be funded by a percentage of the profits made by companies who do busi- ness in New York that saw a major increase in profit (compared to the
2021-S6007 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6007 2021-2022 Regular Sessions I N S E N A T E March 25, 2021 ___________ Introduced by Sen. SANDERS -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to enacting the COVID-19 essential workers appreciation act THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "COVID-19 essential workers appreciation act". § 2. COVID-19 essential workers appreciation awards. (a) Notwithstand- ing any provision of law to the contrary, all businesses with profits over $500,000 dollars that do business in the state that during the state disaster emergency declared pursuant to executive order 202 have seen an increase in profits by 20% over the same time period in 2019 shall deposit 5% of such business' gross profits into the COVID-19 essential workers appreciation fund established pursuant to section 99-ii of the state finance law. (b) There is hereby established the COVID-19 essential workers appre- ciation task force. Such task force shall be comprised of 7 members to be appointed as follows: (i) 2 members appointed by the temporary president of the senate; (ii) 2 members appointed by the speaker of the assembly; (iii) 1 member appointed by the governor; (iv) 1 member appointed by the governor who is the representative of a small business organization; and (v) 1 member appointed by the governor who is the representative of a retail union. (c) The COVID-19 essential workers appreciation task force established pursuant to subdivision (b) of this section shall develop eligibility requirements and make awards utilizing the monies in the COVID-19 essen- tial workers appreciation fund. Such awards shall be made to: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06111-01-1
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