Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 04, 2025 |
referred to labor |
Senate Bill S5990
2025-2026 Legislative Session
Sponsored By
(D, WF) 13th Senate District
Current Bill Status - In Senate Committee Labor 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
2025-S5990 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5906
- Current Committee:
- Senate Labor
- Law Section:
- Labor Law
- Laws Affected:
- Amd §194-b, Lab L
2025-S5990 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5990 SPONSOR: RAMOS TITLE OF BILL: An act to amend the labor law, in relation to requiring employers to disclose information about benefits and other compensation, including bonuses, stock options, and commissions PURPOSE: To provide those seeking and offering jobs, promotions, or transfer opportunities with more information about the compensation and benefits of the positions they are considering. SUMMARY OF PROVISIONS: Section one: Provides a short title Section two: Mandates the inclusion of certain information in job post- ings and requires information about benefit plans to be provided to offerees prior to accepting an offer of employment
2025-S5990 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5990 2025-2026 Regular Sessions I N S E N A T E March 4, 2025 ___________ Introduced by Sen. RAMOS -- read twice and ordered printed, and when printed to be committed to the Committee on Labor AN ACT to amend the labor law, in relation to requiring employers to disclose information about benefits and other compensation, including bonuses, stock options, and commissions THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "benefit transparency act". § 2. Section 194-b of the labor law, as amended by chapter 94 of the laws of 2023, is amended to read as follows: § 194-b. Mandatory disclosure of POSITION DESCRIPTION, NON-WAGE compensation [or range of compensation], AND BENEFITS. 1. a. No employ- er, employment agency, employee, or agent thereof shall advertise a job, promotion, or transfer opportunity that will physically be performed, at least in part, in the state of New York, including a job, promotion, or transfer opportunity that will physically be performed outside of New York but reports to a supervisor, office, or other work site in New York without disclosing the following: (i) the compensation or a range of compensation for such job, promotion, or transfer opportunity; [and] (ii) ANY NON-SALARY OR NON-WAGE: (1) FORMS OF COMPENSATION FOR WHICH THE POSITION MAY BE ELIGIBLE, INCLUDING BONUSES, STOCKS, BONDS, OPTIONS, AND EQUITY OR OWNERSHIP; AND (2) BENEFITS THAT AN EMPLOYEE MAY BE ELIGI- BLE TO RECEIVE, INCLUDING HEALTH INSURANCE BENEFITS, PAID TIME OFF, PAID DISABILITY INSURANCE, AND PAID FAMILY LEAVE; (III) the job description for such job, promotion, or transfer oppor- tunity[, if such description exists]; AND (IV) A GENERAL DESCRIPTION OF ALL BENEFITS AND OTHER COMPENSATION, INCLUDING, BUT NOT LIMITED TO, BONUSES, STOCK OPTIONS, HEALTH INSURANCE, EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02156-02-5 S. 5990 2
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